MasterChartsTrading.Com Market Recap For Friday, May 13, 2022

•S&P500 Jumps Over 5% from May 12 Bottom. Stocks Still In Downtrend. Bounce Likely to Specific Overhead Resistance $SPY $QQQ $DIA $IWM

•How to Short Stocks By Buying Put Options. Royal Caribbean Example $RCL

•Exhaustion Gap On Junk Bonds Chart Could Signal Bounce for Stocks $JNK

•Treasury Bonds May Have Bottomed As Interests Spike & Then Retreat $TLT

•Dollar Strength Punishes Gold & Silver $UUP $GLD $SLV

•Bitcoin Breaks Multiple Supports. Likely Headed to $10,000 $BTC.X

•Stocks covered in the Elite newsletter https://www.masterchartstrading.com/elite-trading-blog : Oil, Natural Gas, Real Estate, Uranium, Materials, Technology, Health Care, Metals & Mining, India, Australia, Canada, UK, Mexico, Thailand, Apple, ADP, American Express, Caterpillar, Microsoft, Tesla

•Stocks covered in the Speculator newsletter https://www.masterchartstrading.com/stock-speculator-blog : American Airlines, BP, Enphase Energy, HSBC, JD.com, Lululemon, Southwest Airlines, Twitter, W&T Offshore, Transocean 

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