SPX 📈 Thursday, April 10 – 61.9% chance of climbing → Same setup as Tuesday. ⚖️ Friday, April 11 – 52.4% chance of climbing → Slight bullish edge.
⸻
Week of April 14–17 📈 Monday, April 14 – 61.9% chance of climbing → Strong bullish start to the week. 📈 Tuesday, April 15 – 61.9% chance of climbing → Income Tax Deadline (U.S.) 📈 Wednesday, April 16 – 61.9% chance of climbing ⚖️ Thursday, April 17 – 52.4% chance of climbing → Monthly options expiration day. Historically, the Dow has been up 19 of the last 28, and the NASDAQ up 21 of the last 24 days before Good Friday.
Note: Friday, April 18 – Market closed for Good Friday. Every day during the week of April 14 is above 61% probability except Thursday, which still slightly leans bullish.
SPX question: why would stocks rally after China imposes 84% extra tariffs? Maybe pure manipulation and rug pull like yesterday with rinse and repeat. Might open red and stay red. Remember tricks get played. Be careful if buying
SPX In the context of current market volatility, read new book "Technical Analysis and Portfolio Management". It is available for buying with 20% discount only on @ Carturesti .
BTCUSDT China’s Tariff Commission announced it will raise tariffs on certain U.S. imports from 34% to 84%, effective April 10, 2025, at 12:01 PM Beijing time. The move comes in response to the U.S. raising its own tariffs on Chinese goods to the same rate on April 8.