Market Report May 25 2023

Another weak day for the S&P 500 while Nasdaq formed a Doji to close the session off.

Debt ceiling concerns are prominent for the market short-term.

Once again, all sectors other than XLE were in the red.
VIX increased again, taking it up to over 20.

We had a short position on ES which we exited with a minor profit but will watch for a new opportunity.

Javid Shaik

Let's go trade!