Market Update Into 4/8: Bulls Take Control Into April
In this weekend’s blog post, we take a look at the broad market price action during the first week of April. Is the market actually breaking out or is this just all a bull trap. See what the charts are showing into next week!
Weekend Video Analysis
$SPY: Daily vs. Weekly Chart
$QQQ: Daily vs. Weekly Chart
$XBI: Daily vs. Weekly Chart
$TSLA: Before vs. After
This weekend’s “before” and “after” shows an older chart of $TSLA breakout out of the channel resistance and moving up to test the alert area around the EMA (50) above. This feature is to help users not have to stare at the charts all day and lets the system watch critical levels for you.