The S&P 500, Nasdaq, Dow Jones Indexes, and Bitcoin cryptocurrency have all reached a Resistance Price Level Zone in April 2023.
USA Stock Market Season for Q1 2023 officially began on 04/14/2023.
If the majority of Stock Earnings are good, the price of all 4 assets could breakout above to test previous 2022 high prices (August & April 2022).
However, if the majority of Stock Earnings are bad, the price of all 4 assets could breakdown and fall back to July & October 2022 low prices.
Finally, on a positive note for perspective: the S&P 500, Nasdaq, Dow Jones Indexes and Bitcoin are all well above their pre-pandemic prices (January 2020, which was the previous all-time high for the stock market).
USA Stock Market Season for Q1 2023 officially began on 04/14/2023.
If the majority of Stock Earnings are good, the price of all 4 assets could breakout above to test previous 2022 high prices (August & April 2022).
However, if the majority of Stock Earnings are bad, the price of all 4 assets could breakdown and fall back to July & October 2022 low prices.
Finally, on a positive note for perspective: the S&P 500, Nasdaq, Dow Jones Indexes and Bitcoin are all well above their pre-pandemic prices (January 2020, which was the previous all-time high for the stock market).
Follow Me on TradingView, Youtube, X, Instagram.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Follow Me on TradingView, Youtube, X, Instagram.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.