Global markets rebounded sharply in May, with the exception of commodities, based on a set of ETF proxies.

Looking for upside in wave {v} as we seem to have completed a three wave move in wave {iv}.

The Mexican peso strengthened in the last session ahead of the election for the first time in three sessions. Still, it was the second consecutive declining week for the peso.

Commodities have always been a speculative arena, but with more traditional investors trading orange juice and other commodities, the correlation between crypto and hot stocks is rising as well.