SPY Stuck at 200-day SMA

The major indexes remain bullish on their daily charts heading into a holiday shortened week. The Nasdaq (QQQ) remains the strongest, while SPY remains stuck just beneath its 200-day SMA (major institutional moving average).

I also cover DE vs. CAT vs. IR, DAL, AAL, UAL, W, ETSY, EWW, XLF, AAPL and more.

Happy Memorial Day and have a great week ahead,

Ron

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