Technical Assessment: Bullish in the Intermediate-Term
Quick Take
The technical assessment indicates a bullish trend in the intermediate term.
Key Points
- Positive momentum observed in key indicators.
- Market sentiment supports upward price movement.
- Potential for further gains in upcoming weeks.
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~1 min read
Argus
•
May 20, 2026
Technical Assessment: Bullish in the Intermediate-Term
Intermediate Term
Long Term
Summary
For a third consecutive day, the stock market fell while Treasury yields continued to push higher. Yes, it's that simple. The U.S. consumer is already dealing with higher gasoline prices (as spot gas has spiked to $3.67/gallon from just $2.00/gallon less than three months ago), and now has to face higher mortgage rates. A 30-year fixed loan
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— Originally published at finance.yahoo.com
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