Market Recap - April 22, 2022

T-Bond Futures - Weekly Chart

Weekly us 30 year bond shows smaller range and clustered closes near the ice support at the 11901. With a downside target at the 11800 area resistance at the 12101 areas.

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S&P 500 E-Mini Futures - Weekly Chart

Weekly E-mini S&P shows nice Wyckoff schematic, as the shortening of the thrust (SOT) bar was a stopping behavior. This led to long liquidation. The potential problem for bulls is that if longs get aggressive in selling this it can lead to supply and a possible change of trend.

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NFLX - Daily Chart

Netflix chart shows distribution with the shortening of the thrust (SOT), selling and weak demand. This an example of non classical Wyckoff mark down markets.

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EUR/USD - Weekly Chart

Weekly EURUSD  shows the bears in control with little demand and a poor range closes. Bulls need demand or mark down.