Volume Analysis | Flash Market Update – 4.1.24

Volume and capital flows were light in a shortened Good Friday week. Capital outflows matched capital inflows on the S&P 500. Likewise, there was little movement in the trend of S&P 500 Capital Weighted Volume. The troops (iShares Russell 2000 ETF) closed the four-day week at the very tip of the high range of its Doji resistance. Overall, the generals (Nasdaq 100) seem to be taking a breather while the troops attempt to break through staunch resistance.

Grace and peace my friends,

BUFF DORMEIER, CMT®

Updated: 4/1/2024. Historical references do not assume that any prior market behavior will be duplicated. Past performance does not indicate future results. This material has been prepared by Kingsview Wealth Management, LLC. It is not, and should not, be regarded as investment advice or as a recommendation regarding any particular security or course of action. Opinions expressed herein are current opinions as of the date appearing in this material only. All investments entail risks. There is no guarantee that investment strategies will achieve the desired results under all market conditions and each investor should evaluate their ability to invest for the long term. Investment advisory services offered through Kingsview Wealth Management, LLC (“KWM”), an SEC Registered Investment Adviser.