4/30 Cautiously Bullish. 210 Buying | 120 Selling.
T2108 is Bullish. Primary Indicator is Bearish – Caution. 20% Weekly is Bullish – Caution.
Mixed session with choppy price action amid earnings and tariff uncertainty; inflation expectations rise while consumer confidence weakens.
Financials and Consumer Discretionary sectors show relative strength and volume support, while Technology and Healthcare exhibit stagnation and mixed momentum; slight uptick in volatility (VXX) signals caution.
Upcoming Catalyst: Continued trade discussions with multiple partners and key earnings reports remain focal points for market direction.
Key Takeaway:
Traders should focus on stocks showing clear accumulation and volume support, especially in Financials and Consumer Discretionary sectors. Maintain tight risk controls due to mixed primary indicators and rising volatility. Avoid chasing breakouts in Technology until clearer volume confirmation emerges. Watch support levels closely for entry points and use stops to manage downside risk amid prevailing uncertainty.
Watchlist
Continuation: AAPL (S1: 211, S2: 210, S3: 209, R1: 212, R2: 214, R3: 215)
Anticipation: TSLA (S1: 290, S2: 286, S3: 286, R1: 292, R2: 294, R3: 297)
