Market Update Into 4/8: Bulls Take Control Into April

04/07/2019| By Brad Ritter

1 min read

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

TrendSpider Weekend Update: Bulls Take Control Into April

$SPY: Daily vs. Weekly Chart

$SPY daily and weekly charts.

$QQQ: Daily vs. Weekly Chart

$QQQ daily and weekly charts.

$XBI: Daily vs. Weekly Chart

$XBI daily and weekly charts.

$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.

Before

$TSLA "before" chart showing a breakout out of the channel resistance and moving up to test the alert area around the EMA (50) above.

After

$TSLA "after" chart showing a breakout out of the channel resistance and moving up to test the alert area around the EMA (50) above.

Timestamps Captured

$BTC.X

$BTC.X chart timestamp.

$TSLA

$TSLA chart timestamp.

$UAL

$UAL chart timestamp.

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