S&P successfully defended the Oct 2022 trendline
Weekly RSI oversold at 30
Bearish case
Nasdaq still under the Oct 2022 trendline
Weekly RSI oversold at 30
Bearish case
Nasdaq still under the Oct 2022 trendline
Trade active
Event: Tariff paused for 90 days, to monitor 90 days after: cnbc.com/2025/04/09/trump-announces-90-day-tariff-pause-for-at-least-some-countries.html
Note
Ideally, a closed green monthly candle would be great as it would signal reversal. 
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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.
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.