HGSI Doc Top Down Review 5.08.2016

Happy Mothers Day and Welcome to this week’s Top Down Review.

We have had a couple of more challenging weeks after a nice run off the mid February lows. We are now in the midst of May and as the market sold off last week the chatter about the Sell in May rule was all over the internet.

As I look at the market this week I see some reason to expect a bounce that week. Not to suggest this will immediately lead to new highs but perhaps a pause in the ultimate retest to the downside.

Join me as I use my favorite tools to assess the market from a Top Down perspective.