HomeMarketsTechnical AnalysisChina Wants Unilateral Tariffs Canceled, Elevated VIX in Focus
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China Wants Unilateral Tariffs Canceled, Elevated VIX in Focus

China Wants Unilateral Tariffs Canceled, Elevated VIX in Focus

Following commentary out of China that suggests there are no ongoing trade discussions with U.S. officials, equity futures are pointing to an end of this week's 2-day rally. Kevin Green tries to weave through the nuances of this public tariff tit-for-tat and headline-driven story weighing on market performance. For the S&P 500 (SPX), KG is watching the $5450 level to the upside which has acted as a key area of resistance and coincides with its 20-day moving average. To the downside, he highlights $5215 but cautions that any news out of the White House could change intraday levels.

Morning Movers

24 Apr 2025

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