Stock Market Recap: April 3, 2020 - MasterChartsTrading.Com

•Stocks ran into resistance and bounced off of it. Retest of March lows possible. Breakdown below the lows could bring significant downside – SPX500, DIA, QQQ, IWM

•Transports near March lows and are very weak – IYT

•Real Estate one of the weakest sectors - IYR

•High-yield junk bonds succumbing to short-sellers. Likely headed for March lows – JNK

•Treasuries rally towards new records – TLT

•Oil pops higher. This is a bear market rally, a short-seller’s paradise – USO, CL

•Dollar reaffirms its uptrend. Euro approaches new lows – DXY, EURUSD

•Gold looks ripe for another leg higher – XAUUSD

•Bitcoin at shorting levels right now – BTCUSD

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