4/16 Bullish. 200 Buying | 100 Selling.
T2108 is Bullish – Oversold. Primary Indicator is Bearish – Caution. 20% Weekly is Bullish – Extreme Caution.
The market closed with modest declines as investors weighed tariff impact. Tech sector led, while consumer discretionary lagged.
Upcoming Catalyst: Weekly Retail Sales data and Industrial Production reports due tomorrow.
Key Takeaway:
Stay cautious with bearish primary indicator and extreme caution from the 20% Weekly study. Focus on tech sector strength and potential tariff impacts on consumer discretionary stocks.
Watchlist
Continuation: GENI (S1: 10, S2: 10, S3: 10, R1: 11, R2: 11, R3: 11.5)
Anticipation: VRTX (S1: 497, S2: 495, S3: 493, R1: 500, R2: 502, R3: 504.5)
