The April rally for many has appear to have fizzled. Perhaps. But only in the short term. Fast drops to around 4300-4600 should sustain a level around 5000 for at least the weekend.
This will settle in June to a 'wacky' trading range summer from 5000 to 7000. Shown below.
Upper fib lines based on 8,500 top from late July 2018.
