Friday, April 20, 2018

MTU Weekend Ed. - Death Cross Watch 2 (4/20/18)

SPX closed below its MA50, keeping the death cross watch alive (Chart 1), and making an interesting weekly candle (Chart 2).

While SPX is probing short term support (Chart 3) so is VIX (Chart 4).
 
Meanwhile, interest rates are probing resistance and threaten to breakout. Interesting weeks ahead.