Share this postApril 17th Weekly Market Outlookhpak.substack.comCopy linkFacebookEmailNoteOtherApril 17th Weekly Market OutlookDow30, S&P 500, Gold, Bitcoin and EthereumAKApr 18, 2022Share this postApril 17th Weekly Market Outlookhpak.substack.comCopy linkFacebookEmailNoteOtherShareTo investors, Moving forward we are going to be providing weekly market outlooks versus the daily as it can be easier on your inboxes. Let’s get started. Dow30 While on the weekly and daily it looks like we could head higher there seems to be more money flowing out of the asset, which leads me to be cautiously bullish. Looking long with resistance at 35,150-35,300 area. S&P 500Similar to the Dow the SPX is trending up while money is exiting the asset. No short signals yet, however it looks like lower highs and lower lows are on the horizon. GoldAs stated in the last post Gold was looking like we could head higher and we were eyeing 1980 level for us to become more bullish. Here we are with gold above 1980 and with the new week upon us if this carries forward and we are able to stay above 1920’s and 1980 then a test 2050 could be very possible. BitcoinBitcoin has confirmed bearish price action on the weekly and with the price below 41,450 as well as 40,000 the next big support is 32,950. There are clearly more sellers and with the money flow dipping into the red we could easily see stronger bearish price action in the coming days and weeks. EthereumUnlike Bitcoin there is no confirmed sell signal on the weekly yet. That being said money is definitely heading for the exits and the next support level is 2,798. At this point and time sellers are in control. To your fortune, AK