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Volatility S&P 500 Index

Strategy, Support, Resistance - 4/24/2022

By norok
Wizard
This week we watch for a potential reversal of the selloff in stocks based on VIX reaching a key Resistance. The lows of the year may be tested still. Cryptocurrency still fails to gain bullish momentum as Bitcoin and Ethereum give up supports from the recent rally. Oil may get a bid this week back up to the top of the recent range. Gold and Silver continue to disappoint. BIG EARNINGS coming up this week in Google and Amazon and they have the eyes of the whole market upon them!
50retracementcryptoStockssupportSupport and Resistanceweeklymarketsanalysis
norok
Wizard
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