Sell In May

Fed watch begins today but it is widely held they will lower a quarter and say stop for awhile. The index rally has weak internal price action but generally declining volatility often times has the same look. Since it is a busy of week of data action any real move may not appear until Friday, but that action may be decisive in pointing to the May trend. The 'sell in May' voice of the tomb will be used frequently if downside action appears.