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SAFETY PERAMETERS FOR THE WEEK AHEAD 06.04.25

By Insights Team

April 7, 2025

The attached chart for today shows Gann angles, Cpr for coming week, time turn dates.
The rally ended at a resistance Gann angle, formed an Evening star (seen better in weekly charts), and started declining. The China retaliation came post market on Friday and the response is a sharp downtick which we may see reflect in the open tomorrow. How deep, is a guess. But it will surely be below the weekly CPR (23020-224) and hence that will act as resistance for the whole week. Before that will be the 0.618 retracement level of the recent rally (around 22785).
Gann angles will function as supports during the week ahead. It may trade down to the 1×4 (starts at 22340 this week and rises). The 1×8 (starts 22145 and rising) will be final support for pending longs for this week. If it breaks, then the bear phase as a whole continues for new swing lows. Till then, bulls are alive and breathing.
Upsides are on only if CPR zone is recaptured and held during the week. My stance: I expect the supports to hold.

Details and emphasis on the various data surrounding the market right now shall be covered in Charts and Beyond Ep 14. So do make it a point to watch that. I plan to record it on Monday and so it should be up for viewing by Tuesday.

For the week I suggest only day trades if one wants to chance the arm. Neotrader’s Well Set Bull and Bear lists will give you the necessary stocks. Check those out.

The review of the 2025 forecast shall be done in the proposed member meet up on 12th April. I trust you have signed up for that. Limited seats. Check with the office.

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