Stock Market Recap & Video - april 6, 2018 - MasterChartsTrading.Com

•Stock futures (ES) pull back from the resistance @ 2670

•Volume patterns on the NASDAQ (QQQ) may be indicating more downside

•Transportation Average (IYT) is also looking heavy

•Biotech (XBI) is weighing on Health Care SPDR (XLV)

•Utilities are approaching good shorting levels

•China Vs. USA Trade War (FXI)

•During a true Bear Market there is no place to hide in stocks (Utilities example)

•Investment-grade bonds fail at an expected level, but could have higher to run

•Junk bonds approaching February lows. Is this a warning to stocks?

•Dollar at important juncture. Unless Bears come in now, DXY could have further higher to run

•USDRUB could be reversing in favor of the dollar

•Gold and gold miners still indecisive as dollar could go higher

•Caution on oil & energy related assets.

•Solar looks OK

•Still bearish bias on Natural Gas

•Cryptocurrencies are bearish and continue to slide against the Dollar
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