4/15 [Bearish]. 4000 Selling.
T2108 is Bullish – Oversold. Primary Indicator is Bearish – Caution. 20% Weekly is Bullish.
The market started the week with gains but settled higher on relief from temporary tariff exemptions. Financial sector led by above-consensus results from Goldman Sachs. Real estate and utilities sectors outperformed as market rates dropped.
Upcoming Catalyst: March Retail Sales on Wednesday. ECB meeting on Thursday.
Key Takeaway: With the market sentiment leaning bearish, focus on key support levels for potential bounce opportunities while being cautious of further downside potential.
Watchlist
Continuation: COIN (S1: 175, S2: 174, S3: 172, R1: 178, R2: 180, R3: 182)
Anticipation: GDX (S1: 50, S2: 49.7, S3: 49.5, R1: 50.5, R2: 51, R3: 51.5)
