The S&P 500 (SPX) recently moved above its 50-day moving average, which is a positive sign and puts it close to its next important level around 5783. Your homework look up what the 50 day moving average is However after nine days of going straight up it may need to take a breather Don't be surprised to see a small drop in price Now if the S&P 500 falls back to around 5356 there’s a higher chance it could drop further and retest the low it hit in April 4835 For all of you if this happens and you have at least five years till you need this money just continue to Dollar cost Avg Next Crude oil prices (WTI) have broken long-term support at $65 a barrel. By now all of you should know what the words support and resistance means If not look it up Oil might stabilize for a bit above its April low (about $55), but the bigger picture still points to more weakness ahead. In short: The stock market has been strong, but it may be due for a short rest. If you’re invested, stay aware of possible short-term pullbacks. For oil, don’t expect a quick rebound-prices could stay weak for a while. Remember focus on the long-term, don’t let short-term ups and downs scare you into making emotional decisions, and make sure your overall financial plan is solid and organized.

Posted by Suze at 2025-05-05 14:15:19 UTC