April 3rd, 2022 – Weekly Market Summary

Huge rise in 30 year mortgage rates over the past few weeks
10 year 2 year yield curve spread
The 10 year – 2 year rates have inverted. This could be an indicator of recession months down the line.
SPY money vikings
The S&P 500 retreated slightly from its recent breakout, but maintains the 200 day Exponential Moving Average.
money vikings vix
The VIX (fear indicator) retreated from a recent high of over 36.
bitcoin moneyvikings
Bitcoin holds the 200 exponential moving average, possibly inching towards the psychological 50K line in the sand.

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