Scott Schlegel’s Stock Market Indicators – May 2nd, 2019

Slightly below neutral. Normal level for a rising market.
Neutral with some indecisiveness. This could lead to a big break either way.
The little recent lip and potential up turn could indicate some strength. The recent declining peaks is indicative of a thinning bull market however. Kind of in a wait and see on this one.
Long term has made a V shape recovery to neutral.