Next Key Levels

It is no surprise for risk appetite to rally in April. After all, April is the 2nd best month for US equity indices as an average of the past 25 years. The charts below show the next threshold resistance for risk appetite. Notably, US100 faces a confluence of 200-DMA and trendline resistance around 24380-24440.  SPX faces its 200-DMA at 6644. Gold needs to save 4640s, while silver is capped at a wedge resistance at 74.00.

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