Commodities (crude, gold, silver etc) and euro are looking ready for a strong run up in May, while dollar looks ready for a big drop. This means SPX is going to have another leg up this month. It is going to be a controlled/steady rise and drop periods. In other words, volatility is going to fall (unless some crazy news hits the market). So the stomach butterflies and nightmares will go away. Also time to fill up the gas tanks before another big rise in gas price.
This is all just an opinion. Stick with the charts.
USO(CRUDE)-DAILY
FXE(EURO)-DAILY
UUP(DOLLAR)-DAILY
SPX-DAILY IV
SPX-DAILY III
SPX-DAILY II
SPX-DAILY I
SPX-30MIN LONGER TIMEFRAME
SPX-30MIN SHORTER TIMEFRAME
SPX-10MIN (just for now till the current channel goes away).
