S&P Volatility May Only Get Worse

The hotter-than-expected Nonfarm Payrolls report caught market participants off guard while fallout from Silicon Valley Bank injects new uncertainty in the market. The Chart Master highlights the impact of the recent Jobs report and the risk of further volatility in the markets in the coming weeks due to seasonality trends. Leveraging technical analysis, the Chart Master highlights key levels traders should consider as the market reaches critical inflection points. Several bullish and bearish indicators are starting to converge in an epic battle that will determine market direction.