4/13/26 Recap

The SPY gapped down below the 100 and so far has been bought up this session. We are seeing the vix now below 20 for the first time since the war began, this was over 30 for a good portion of March. Oil is rising but something notable is many oil names not rising over even the 8 ema and you have a market that is beginning to slowly ignore Trump’s threats of escalation. We also got news China would like a deal made without more fighting. If we close today over the 100 day that would be a great sign as we would still be over all moving averages with the 8 and 21 sloping up to catch up. These are uptrend moves until we lose that 21 again.

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