April 7-11 will easily be remembered in 2025 as one of the craziest weeks in modern history.
Intraday swings were face ripping all from a Monday "fake news" becoming Wednesday "real news" with the US pausing tariffs for 90 days
5500 major resistance on S&P
4800 major support on S&P
I believe the market will struggle to provide any clear direction in the coming weeks without some shift in narrative (for better or worse). I'm sure most traders are hoping for an optimistic tone but be prepared to be disappointed as the world's alliances and economies are being strained with massive uncertainty and angst.
There are trading opportunities in the short-term, but I'm not taking any major risks. If I can survive, the upside will be easier and a pleasant surprise.
I expect the weekly candles to dance inside the April 7-11 low and high levels and hopefully it provides some ventilation to a VIX > 30
Intraday swings were face ripping all from a Monday "fake news" becoming Wednesday "real news" with the US pausing tariffs for 90 days
5500 major resistance on S&P
4800 major support on S&P
I believe the market will struggle to provide any clear direction in the coming weeks without some shift in narrative (for better or worse). I'm sure most traders are hoping for an optimistic tone but be prepared to be disappointed as the world's alliances and economies are being strained with massive uncertainty and angst.
There are trading opportunities in the short-term, but I'm not taking any major risks. If I can survive, the upside will be easier and a pleasant surprise.
I expect the weekly candles to dance inside the April 7-11 low and high levels and hopefully it provides some ventilation to a VIX > 30
Chris Pulver
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Chris Pulver
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.