The Market Chronicles: Daily review (28/04/2025)

 Pre-market futures look good:



Potential candidates for todays trade: none

Market breadth:

All the MA's shown big drop.



All the sectors shown weekness. Not a good day to buy stocks.



ADD(Advancing stocks - declining stocks) value still shows -1544, Which is a bearish signal.





SPY/QQQ/SPX have a big red candle today as well. Last three days alone these indices lost 5% of value. From the peak Feb 19th these lost more than 13%.








Overall market is bearish. Not good for Swing trading. May be stick to day/scalping.

My selected stocks status end of trading session:

AEVA: Up 5% as well today.

Happy with my prediction not to enter the market. Just sit outside and wait for good times.

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