Market Outlook 05/17/2021
Welcome to monthly opex week.
Even with a massive recovery in the second half of the last week, the weekly charts broke some key technical supports with /NQ and /RTY closing under 10-week MA after a long time. /ES continues to be the strongest of them all bouncing back a lot above 10-wk MA.
While the supports levels broken last week are noteworthy, /NQ an…