Investor Charts

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A silly amount of overhead

investorcharts.net

A silly amount of overhead

PetrTrades
Apr 20, 2022
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A silly amount of overhead

investorcharts.net

A very silly amount of resistance this morning on the S&P / Bitcoin here:

  • Qtrly pivot point

  • Daily S1

  • Anchored Vwaps

  • 20/50 EMA's on daily

  • Trend Channel

As earnings season starts to come into play, these ranges can certainly have a meaningful impact. Like I've been saying, look at what Bitcoin is doing and you will be happy with your SPX position.

BTC:

Nevertheless, the higher time frame game plan is still on given that we held key risk levels on crypto and stocks on Monday. That is where I would place my stops on longs.

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A silly amount of overhead

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