Market Recap - March 25, 2022

S&P 500 E-Mini Futures - Weekly Chart

Weekly e-mini s&p shows buying at lower levels without supply. This indicates accumulation bears need to defend the 4696-4700 with supply with a sign of weakness (SOW). Bulls need to overcome this area through absorption or demand. Not seeing a sign of strength (SOS) at the moment.

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T-Bound Futures - Weekly Chart

Weekly US 30 year bonds show more selling and mark down as bonds trade with lower interest rates. Increase causing potential stock weakness. As the cost of money increases, we can see the market meeting an objective. It's at a over bought area so maybe expect a bounce higher is possible

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Light Crude Oil Futures - Weekly Chart

Weekly crude oil is down due to the events in Ukraine. We can see it move higher as supplies can be interpreted, the selling from the highs is not supply so we can expect a retest higher. The high is not ending action yet.

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GBP/JPY - Weekly Chart

Weekly British Pound vs Japanese Yen shows the shortening of the downward thrust and effort vs result bar. This is stopping action and an edge to get a long entry. Furthermore, we can see buying in the background.

ETH/USD - Weekly Chart

Weekly Ethereum shows a Shortening of the downward thrust (SOT) and effort vs result (EVR). This is stopping action and an edge to go long. The bulls now need demand to overcome previous selling above 3850 areas.