"indeed may be" is a correct and usable phrase in written English.
This phrase is typically used to indicate agreement or indicate that something is possible. For example, "The situation indeed may be dire."
The question, indeed, may be only a matter of timing.
Montoro, indeed, may be too wary of local reaction to go that far.
This indeed may be exceedingly cost-effective -- because it discourages many people from seeking help.
The Democratic Party indeed may be irredeemable as well as pusillanimous.
The home stretch, indeed, may be the most unnerving in any mainstream American thriller since Seven.
The war indeed may be over, at least the conflict for communal survival.
At his best, he makes you laugh out loud, which indeed may be worth the price of admission.
"Domesticated cat," indeed, may be the very phrase at which Steig's creature was laughing when he was trapped in art.
Many small audiences are as good for advertisers as few large audiences, and indeed may be better.
But cycling is one of those very few sports – and indeed may be unique – that is far more than a competitive activity.
The "atmosphere of fear" which protected Savile, she said, "still exists today", and indeed may be aggravated by insecure hiring practices.
