Don't Blink

The Week Ahead 5/18/26

May 18, 2026

∙ Paid

Color neon drawing of the eye, inscribed in a circle of pattern and mountains. Good idea for a tattoo. Stock Vector by ©alexandracosmoss 356476860

Last week we saw weakness on Friday as the market started to prep for life after Opex. The data I shared regarding the weekly bollingers I believe will continue to be an edge as this market should pause (at a minimum) here. The key is to figure out will the pause escalate to something worse or can this market continue to push the limits to the upside.

Seasonality suggests the true test in the market is coming for 2026 with a new Fed Chair and the bond market push yields to new highs.

Market Outlook

Short term I think we see markets cool down and start to test some supports, starting with the QQQ’s at 700 and SPY at 724. I’m already positioned for market downside and the key reasoning for this is

Continue reading this post for free, courtesy of PolycarpFX.

Or purchase a paid subscription.