Structure Holds, Administration Adjusts, April 2nd Countdown
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Technically, not much has changed — we’re still pushing into support, and the market pulled back sufficiently two weeks ago, though a slightly deeper drop would’ve set up a cleaner base. The buy-up two Fridays ago wasn’t ideal, but it didn’t derail anything. The key shift comes from the administration, which appears to be easing up on tariffs — a smart move that gives the market room to breathe and provides political space to act. This sets up a strong narrative heading into April 2nd, when we expect a formal policy announcement. Indices are sitting around 1% from support, Apple isn’t flashing a buy signal (which is good), and the buildup suggests a potential breakout if the policy confirms. The administration likely fumbled earlier but seems to have corrected course in time, setting things up well for both the market and their broader agenda.
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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.