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The Aston Martin F1 x Pepperstone Hub

Has the S&P500’s 9-Day Rally got Further to Run or Bear Trap Rally?
There seems to be a fair amount of market chatter about the S&P500 closing higher for 9 days straight and whether this thematic of a violent bear market rally or something truly bullish..... I will state that the last time we saw 9 straight-up days in the S&P500 (SPX) was on 5 Nov 2004 and on the 10th session the SPX fell just 0.1%... we then saw the S&P500 carry on its merry ascent over the next 2 weeks.
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A Traders' Week Ahead Playbook: When You’re Hot You Stay Hot
We start the new trading week with the oil markets getting increased attention with the OPEC+ alliance clearly fractured, with the Saudis pulling the threat of further output increases if there isn’t complete adherence to the set output limits - Brent crude futures open -4.2% as a result. Asia equity starts to the week on a positive footing, with Aussie markets set to get a positive bump from Labor’s landslide election victory, and looking to react to ASX200 bank earnings, with China trade data and Q1 BoP in play. UK markets are closed today for the May bank holiday.
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