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Market Radar for May 1st Continued Upside!

yesterdays very bullish call was right on except we did not take out all time highs, I knew that was a stretch, but I am expecting some type of event to be the catalyst for that move, Overall an extremely technical day and a bullish one, At the end of the day we made a clean break from the downward trend line that has held us back since the beginning of April. Now that that is behind us and we had such a nice reversal candle on Monday I would expect to see a few more bullish candle on the daily before we consolidate. The next big event will be Friday with the jobs report. With a strong ADP report today most people will be expecting a good jobs number. If that turns out to be true then we could close out the week at new all time highs. Stay tuned and stay ready.

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