S&P 6,800 REJECTED! Major Trade Alerts And Forecast Update On Markets, Gold, Silver, Bitcoin

    Join Chief Market Strategist Gareth Soloway for a high-stakes breakdown of today’s shifting macro landscape. As geopolitical uncertainty resurfaces and key technical levels are triggered, Gareth cuts through the mainstream hype to provide the cold, hard data you need to trade with conviction.

    Energy & Geopolitics: The Strait of Hormuz CrisisOil is rallying sharply today as questions swirl around the stability of the latest ceasefire. With the Strait of Hormuz potentially facing closures or restricted access, Gareth analyzes the oil charts to show why the parallel channel remains the dominant structure. Following a major “topping tail,” the technicals suggest that without a definitive long-term peace deal, oil is destined to remain elevated north of $90 per barrel.Equities: S&P 500 Hits the WallThe S&P 500 perfectly respected Gareth’s predicted maximum upside resistance at 6,800 yesterday. Today, we are seeing a healthy pullback as the index looks to fill the gap created during yesterday’s surge. Gareth provides his long-term forecast and identifies the exact “must-watch” levels to help you navigate this reversal.Stock Movers & The Semiconductor ShortWhile the mega-caps show divergence—with Meta Platforms continuing its climb while others stumble—the real story is in the chips.

    Despite the SOX (Semiconductor Index) hitting all-time highs, Gareth reveals his latest tactical move: a short position via SOXS (3x Inverse Semiconductors). He explains why the momentum is overextended and why a significant cooling period is imminent.Precious Metals, Crypto, and Natural GasGold & Silver: Bear flags are forming. While prices may inch higher in the short term, Gareth maintains his long-term targets of $3,500 gold and $50 silver once the current consolidation breaks.

    Natural Gas: Following yesterday’s breakdown, the path of least resistance leads toward the 2.70 level.Bitcoin: BTC has confirmed its breakout, but a massive question remains: Can it decouple if the stock market starts to slide?About Gareth Soloway: With over 27 years of professional trading experience, Gareth focuses on probability-based technical analysis. He ignores the “nonsense” of social media and provides institutional-grade insights for the retail investor.

    21 Comments

    1. The markets are in denial – the Straits were closed again yesterday. That means the last oil tanker bound for North America is still set to arrive April 15. It means many countries might run out of aviation fuel in the next couple of weeks. Fuel rationing will be happening across Asia if it is not already. We are heading for a major global depression of the Straits aren't permanently opened again in a few weeks.

    2. Inflation is running hot and is indicating a major spike in March PCE and March CPI. We are about to see a prolonged rate hike era very soon if inflation keeps on moving higher. Market has not priced in the adverse economic conditions. A brutal bear market will appear now.

    3. Can you please cover the Russell 2000 a little more frequently? I think its a better barometer of the economy and i trade credit spreads on it. 😅 Thank you for your time I am learning a lot watching your daily videos, religiously i might add.

    4. I understand you love charts but you have to pay attention to the news Gareth shorting a market that dnt care for pci etc and only the war is crazy. Soon as they open the strair this market flies sure you know this is gna happen

    5. Time for a new all-time high. Recession? NEVER! In a Banana Republic they'll print whatever they need to keep the charade going. Oil at $100, Debt at 39T, GDP cratering…who cares?

    6. Hold SQQQ SDS or dump? If S&P expected to decline like Gareth predicts, I want to hold but decay is killing me. Luckily Oil and Metals are up🏋️‍♀️

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