Market Report for Apr 22 2020

New Positions:
Gold long

Trade Zones:
Standing aside

Market Trend:
Up

Market YTD:
Nasdaq Composite -7.9% YTD
S&P 500 -15.3% YTD
Dow Jones Industrial Average -19.3% YTD
Russell 2000 -29.0% YTD

Market Volume:
NYSE Vol: 1.0B
Nasdaq Vol: 3.7B

Key U.S. News:
EIA Crude Oil Inventories
MBA Mortgage Applications Index

Comments:
Markets extend weakness from resistance and close near session lows.

Lets go trade!