10-Apr

Earnings season kicks into high gear next week

Hello SpikeTraders,A reminder: all US markets will be closed on Friday, April 15, for the Good Friday holiday. We’ll have a four-day trading week.Next week will be busy with the Q1-2022 earnings season reporting. Technically markets are fighting to hold key support areas as new monthly lows begin to increase above 500, levels we have been mentioning to watch closely. We will want to pay close attention to these earnings reports providing a positive or negative catalyst going forward. If we start seeing misses and lower guidance as technically key support areas are breaking down, the selling pressure will increase, and a move to test the March lows is likely. Let's look at the charts...

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