A Short-Term Bounce In The Cards

The minutes of FOMC’s April Meeting were released on Wed, May 18th, 2016 and they rattled the market. On Friday, May 13, 2016 the S&P 500 futures made a low 2038.50, just above the May 6th low of 2030.50. Between May 6th and May 13th, the futures had rallied to 2079.75 on May 10th, just…