4/11 Bearish. 200 Selling.
T2108 is Bearish – Caution. Primary Indicator is Neutral. 20% Weekly is Neutral.
The market experienced a pullback today due to tariff uncertainty and disappointing earnings. The energy sector was the biggest loser, while consumer staples showed resilience. The upcoming PPI data and Univ. of Michigan Consumer Sentiment report may impact market sentiment.
Key Takeaway:
Traders should focus on defensive sectors like consumer staples and monitor key economic reports for potential market shifts. Stay cautious amidst tariff uncertainty and consider defensive positions in volatile sectors.
Watchlist
Continuation: OPGN (S1: 3, S2: 3.5, S3: 3.2, R1: 4.1, R2: 4, R3: _)
Anticipation: IDCC (S1: 199, S2: 196, S3: 193, R1: 204, R2: 207, R3: 210)
