JR28 Weekly Market Insights

Week of April 21st, 2025, thru April 25th, 2025

🧠 JR28 Trading Weekly Outlook

Week of April 21 – April 25, 2025

---

🧭 Trader’s Mindset – Weekly Inspiration

"In the middle of every difficulty lies opportunity."
— Albert Einstein

The market doesn’t reward emotion — it rewards discipline. Stay sharp. Stay patient. The edge is in your execution, not in prediction. Don’t chase… prepare. Let the market come to you.

Your only job:
→ Protect capital.
→ Stay in sync.
→ Let the setups do the talking.

---

📉 Market Recap: April 14–18

Last week was a shortened trading week due to the Good Friday market holiday, and SPX gave us an inside week — consolidating within the prior week's range. On Wednesday, Powell’s commentary triggered a sharp pullback, dragging SPX down to 5220, but buyers stepped in on Thursday, and the index bounced back to close the week at 5282, down -1.5% from the prior week.

The 50% Fibonacci retracement of the full leg down from highs to lows sits at 5491, and once again, bulls failed to reclaim that level. As we’ve noted before — as long as we’re under 5491, the odds favor downside continuation.

---

🔎 SPX Technical Breakdown

We are still operating off this framework:

"While last week’s bounce was powerful, it stalled exactly at the 50% retracement of the entire move (5491). This becomes our key pivot."

That statement holds even stronger now. We’ve failed to hold 5491 multiple times, and the longer we stall beneath it, the greater the probability of a breakdown toward 5179 and even 5144.

We continue to track a potential Head & Shoulders pattern developing, and this bounce may represent the right shoulder.

🔑 SPX Levels to Watch:

• Support: 5179, 5144

• Pivot: 5491

• Resistance: 5638, 5762

  

---

📅 Economic Calendar: Key Events This Week

---

💼 Earnings to Watch

This week brings big names that could move the needle:

• Tuesday: $TSLA, $VZ, $GE, $LMT, $COF, $SYF, $NOC, $ENPH

• Wednesday: $BA, $T, $CMG, $IBM, $NOW, $TXN, $NEM, $LVS

• Thursday: $GOOGL, $INTC, $PEP, $AAL, $TMUS, $LUV

Last week’s $NFLX print gave the market a pop, but broader indices remain indecisive. Unless one of the big tech names surprises massively, we expect continued chop.

---

💰 Top JR28 Trade Recaps (Last Week)

• $AAPL $200C May 16 – Alerted at $4.00, ran over $19.00 → +375%✅

• $SVOL Commons – Bought at $14.00, sold over $16.31 ✅

• $SOXL Commons – Entry at $9.45, sold over $11.12 ✅

Massive upside on premium, especially AAPL. More like this ahead.

---

🔥 Upcoming: JR28 Copy Trading + Small Account Challenge

We’re getting ready to launch something powerful:

📈 JR28 Copy Trading (Starting with $5K)
💪 Small Account Challenge – $5K → ??

We’ll be running this with full transparency — showing how to manage risk, position size, scale in/out, and trade like a pro even with a small balance. Stay tuned for full details dropping this week inside the Discord and Substack.

---

📊 Sentiment Check

According to CNN’s Fear & Greed Index:

• Current: 21/100 – Extreme Fear

• Last Week: 13/100

• Two Weeks Ago: 4/100

Despite the slight bounce, we’re still in fear-driven territory. As we always say: Sentiment resets before price.

---

🏆 Futures Traders – Our Recommended Prop Firm

Looking to level up your futures trading with a firm that actually pays out and supports scalable strategies?

✅ Our pick: TakeProfitTrader
🎁 Use promo code JR28 for 30% off & $0 Activation Fee

• No hidden fees

• Excellent payout structure

• Fast scaling

• Trade NQ/ES/CL/Gold and more

Whether you're seasoned or starting out, TPT is the best in the game right now.

---

QQQ & IWM

Failed breakout / 2b top on both has taken both of them back to major zones, the 2022 high and breakout point in 2024 for QQQ and the multi-year base on IWM.

CONTINUATION FROM LAST TWO WEEKS:
QQQ: Looking for longs against 408.71 for the right shoulder bounce.
(If you took longs here at these levels given two weeks ago you will see they were very close to the low, for now just need to raise stops. QQQ may be forming a H&S)

IWM: Looking for longs against 173.39, tight stops.

---

Trade Ideas: Stocks to Watch

• Tesla (TSLA):
  No major changes — the long bias remains intact as long as 220 holds. Above that, we’re targeting potential moves toward 258, 275, 295, and eventually 322.
  
  Alternative scenario: failed breakdown of 175 level for a move back to 322.