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5/8 Important Momentum Point for Markets
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5/8 Important Momentum Point for Markets

Markets have a decision to make.

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Merlin Capital
May 08, 2024
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Merlin’s Capital
Merlin’s Capital
5/8 Important Momentum Point for Markets
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As I wrote in Wiz Charts yesterday, I am out for the rest of week because of several college graduations I’ve been requested to attend. However, I want to leave you with some final thoughts on where I stand currently with markets.

Overall, playing swings or the market straight up has been very lousy this week. Taking a vacation was likely the best play for most people or just playing earnings.

I think we will also have a wiz pod out tonight as well before we fly out. I look forward to being back with the tribe next week and hopefully getting started on a serious market momentum move.

I think we are at an incredibly pivotal and important moment for markets with the market at a pivotal trend line and liquidity in markets starting to shift once again.

Most will be caught off guard by the next move I think. I cover today what exactly HYG, VIX, and DXY are telling us and how to prep for the oncoming move.


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