SPY APRIL PREDICTION

281
New month new block out. This April we are starting off hot we have had positive Q4 & Q1 for SPX/SPY this has everyone thinking we are starting a bull market while everyone is bearish. Me personally I’m thinking the 2nd week of April should start a pullback and get to the range bound area. We have CPI and FOMC on the same day. Also the fight against the dollar should strengthen DXY the news today on oil cut backs is not going to help the US. So 420 ish to 387 looks about right to me. Earnings kicking off should paint a better picture.
I missed out on a lot this week I’ve been dealing with some health issues diverticulitis to be exact I’m on 2 antibiotics and finally feeling better so should get back to normal. Just wanted to post the monthly prediction also Tuesday and Thursday are the big news drops JOLTS & unemployment. Hope everyone had a great weekend stay safe and keep your mind right
As always trade what’s in front of you good luck

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.