4/8 Bearish. 550 Selling.
T2108 is Bearish – Caution. Primary Indicator is Bearish. 20% Weekly is Bearish – Extreme Caution.
The market exhibited extreme turbulence with above-average volume. S&P 500 swung over 400 points, closing 0.2% lower. Nasdaq closed 0.1% higher after rebounding from lows.
Top performing sectors include Consumer Discretionary and Technology, while Utilities lag.
Upcoming Catalyst: Limited economic data.
Key Takeaway: Focus on strong sectors like Consumer Discretionary and Technology for potential bullish opportunities. Remain cautious due to market volatility and sector rotation.
Watchlist
Continuation: MDAI (S1: 1.15, S2: 1.16, S3: 1.19, R1: 1.21, R2: 1.23, R3: _)
Anticipation: LZMH (S1: 8.10, S2: 8.00, S3: 7.85, R1: 8.50, R2: 8.70, R3: 9.00)