Market Recap April 8, 2022


Market Recap - April 8, 2022

T-Bond Futures - Daily Chart

Daily us 30 year bond shows a beautiful down channel. The supply line and the reverse trend line has been marked on the chart. Note since background is bearish the market doesn't need increased volume as ease of movement is bearish and down 14600 area serves as resistance. This a great chart to study!

T-Bound Futures $ZB1!- Daily

S&P 500 E-Mini Futures - 4 Hour Chart

4 hour E-mini S&P shows perfect Wyckoff distribution schematic

S&P 500 E-Mini $ES1! Futures - 4 Hour Chart

Bitcoin- Daily Chart

Daily Bitcoin shows distribution as we can see selling on rallies, which lead to to a failed spring and a mark down.

Bitcoin BTCUSD - Daily Chart

EUR/JPY - Daily Chart

Daily EURJPY shows the transitioning from bearish to bullish. Note the SOT and EVR labelled on the chart.

EUR/JPY - Daily Chart