Market Outlook 05/03/2021
Welcome to May. Welcome to NFP week.
The week with blowout tech earnings from GOOGL, FB, AAPL, and AMZN was a red week /ES and also for the tech heavy /NQ. Meanwhile /RTY continues its own trend of big wicks and evening closing near 10-week MA.
After a massively bullish April, /ES will open May close to the top of the channel while setting up a negative…