DPR Update Friday 21st April 2017

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Some weakness into the afternoon before a bottom was found after President Donald Trump told The Associated Press his administration will unveil a “massive tax cut” in a new reform by Wednesday next week.  News of this stopped the rot and spiked the marked higher in the other direction.

Also, once again lots of talk about Sunday’s French elections, so futures may be volatile on Sunday overnight.  I will certainly be watching that at the end of the weekend for clues on how the market will open on Monday.  But all eyes will be on the tax reforms next week and the outcome of another possible health care vote.  So big week coming!

Have great weekend,

John

HowDITradeStock.com