The cost of fertilizers is skyrocketing
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) April 13, 2022
Here it is the melt up pic.twitter.com/2otj2sENJu
$TSLA & $AAPL in the next week or so we might find out the mid-term future of the stock market. If bulls wont be able to push above the 78% fibs of these two stocks (TSLA 1111, AAPL 172) we could soon see sharp moves for W-3 which will bring the whole market down pic.twitter.com/JY5dlVg48a
— Mauro (@MauroBianchi24) April 13, 2022
Uncertainty reigns$SPY on left$QQQ on right
— Brian Shannon, CMT (@alphatrends) April 13, 2022
Upper 195 min TF (2 equal candles/day)
lower 15 min TF (26 equal candles/day)
declining 5DMA (orange) says do not trust rally attempts yet pic.twitter.com/VWdetTrYDd
Here are market returns from the day before the holiday to the first full week after gives this on SPX:
— Mac10 (@SuburbanDrone) April 13, 2022
Thanksgiving: -3.5%
Christmas: 0%
New Year's: -2%
MLK Day: -6%
Pres. Day through Thursday low: -6%
JPM getting shellacked after earnings: pic.twitter.com/XmngO2Xw3I
$BTCUSD
— Ripster (@ripster47) April 13, 2022
Bitcoin bouncing from trendline, reversal over 42K#bitcoin #chartidea pic.twitter.com/N2Sya0mEf5
Two Hurdles Overcome: (1) though slowly, but the market got over two major hurdles in the grinding higher--one is 4422 DMA55 pivot point, the other is the black TL resistance ; (2) based on the current structure, it may get accelerated upward as the market comes to the close.
Here's a very interesting potential setup in $AMD!
— Traderstewie (@traderstewie) April 13, 2022
Set an alert for $100 on $AMD ... a break back above $100 recaptures broken support and therefore will essentially create a 2B Reversal!
This will be a good one to watch next few days! pic.twitter.com/L4niznSEuZ
Big Picture: This week, I was looking for an #ES_F selloff to 4385 then bounce. Reason was simple - 4385 backtests the March breakout & the 50% retrace of March rally
— Adam Mancini (@AdamMancini4) April 13, 2022
If this pullback is "corrective" for another high to 4680, it shouldn't go much deeper than 4385. For now, held https://t.co/iXe9zSRTFo
#NQ_F, 15m
— Yuriy Matso (@yuriymatso) April 13, 2022
Observations:
1. NQ is struggling to move above yesterday's high
2. For NQ to form an inverse H&S, it needs to move above the 14300 level and ideally above the 14640 resistance
3. The bearish scenario will play out if NQ fails today's rally and drops below 13000 pic.twitter.com/jPgfQUWCQk
just as 440 is the big $SPY support level, 340 in $QQQ is currently the largest put line#NASDAQ pic.twitter.com/MvVyUpPLUm
— SpotGamma (@spotgamma) April 13, 2022
Subpar, Tailing 30Y Auction Confirms Recent Bond Rally Is All Technicals https://t.co/FMWDvaSOMD
— zerohedge (@zerohedge) April 13, 2022