Thursday 17 April
Good Morning,
The S&P couldn’t reach our zone at 5100 today and topped out at 5081, then continued to fall further towards the weekly put support at 5000. We saw an impulse bounce of 50 points off the 0 Fib at 5007 which was the also the -5% correction mark but at 2pm the Feds Beige Book was released putting the kibosh on the rally and market fell back l…