Tuesday, May 19, 2026

A Momentum Cross to the Downside

5/20/2026

You will never see an 'expert' on a business cable tv show admonishing caution or placing protective stop loss orders, otherwise that expert would not appear. that was the case today on Charles Payne Fox Business show, The female expert was bullish, see my previous post on how many are bullish on tech stocks


 I set this on the 15 day daily so one can see the  PMO crossover to the downside at bottom. 

Hourly

the hourly PMO looks ready to bottom tomorrow, I wanted to add bear funds on a pop up, so it may be coming. 

The yield on the thirty year bond rose again today, no mention of that on Charles show.

WTIC 107.77


 

I see a double top, a break above this signals even higher prices.

today Trump claimed he was ready to attack again but held back as the Gulf States ask he hold back. That sounds like hot air. Project epic Fury, up aginst the  60 day War Powers Act became Project Freedom. If Trump attacks again look for howls from the Democrats asking for a vote on the conflict. Team Trup knows that which is the real reason for a sort of cease fire. 

Higher interest rates, higher oil prices, lower stocks, it's clear to me.  

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