Indices 24/4

Monster week this week with US earnings (big boys reporting) and some huge key data later on in the week

Ive only got US here as they seem to be the one driving things

Thursday with GDP and Initial jobless claims will be a big one



My thoughts. I think leading up to this bit of news this week we will get a pull back (early in the week)

What happens after news can be anything. Watching the DXY

See below DAX which is indicating a short early on this week (backtest). Big support however is 650 area, I wouldn't be surprised if it heads there before news and either launches or carks it


DXY is also the one that is key.
It seems to be consolidating atm for a big move coming either way (same with markets consolidating)

I wouldnt be surprised if DXY breaks up and its a false break then carks (indicating markets rocket into May) before finally a pull back in the markets (DXY strength)


All IMO

Good luck this week but Ill be looking short early on especially Dax