Market Notes:
Taxes are were the talk of the town but the market erased the losses from the potential increase on Friday.
Bitcoin is holding up better than I expected. I’m bearish on crypto right now. Looking to add to long term positions.
This is the last week of April. I’m watching for a rally into the weekend and then expect summer trading to begin next week. May-October are traditionally the worst months of the year for bulls.
Futures are mixed. I remain bullish on the market but am shifting my focus to OTC for the summer.
Watchlist:
*BTX has support at $14
*RAIL is on watch
TIPT watching for a setup above $15
UONEK watching for a setup above $2
GALT has resistance at $4
GSM watching for a setup above $4.15
ZH is on watch
XXII has support at $4.66
MVIS is on watch
UXIN has support at $2
OTCs (on watch, no levels):
MMEDF, GGII, OZSC, HMBL, ABML, BBKCF, GVSI, AITX, ADHC, TLGRF, WTH, GVDG