Notice: The Daily Report is provided for informational and educational purposes only and is not intended to be used as a stock-picking service or as financial advice. The charts and accompanying research are designed to support your analysis, serving as indicators rather than direct recommendations to buy or sell any security. The creator assumes no responsibility for actions taken by readers and strongly encourages individuals to fully understand the associated risks and potential outcomes before making investment decisions. Please note that any charts and/or information are intended to aid in research and should not be considered a definitive part of your personal trading strategy. Not all charts will lead to actionable buy or sell signals at any given time. Individuals should consider consulting a qualified financial advisor before making any investment decisions.
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Sample Trading System
The following trading system is presented as an educational example and should not be interpreted as financial advice. Past performance does not guarantee future results, and trading involves inherent risks. Please consult with a qualified financial advisor before implementing any trading strategies.
SYS Daily Report
Global Markets Rattled as Trump Announces Sweeping Tariff Hikes
Investors Brace for Volatility Amid Fears of Escalating Trade War
Tariff Shock Sparks Sell-Off in U.S. Futures
Financial markets reeled Wednesday evening after former President Donald Trump announced a sweeping new round of global tariffs that far exceeded investor expectations. The plan includes a baseline 10% tariff on all imports, with significantly higher rates targeting key trading partners under a newly introduced “reciprocal tariff” framework—designed to mirror or undercut the trade barriers the U.S. claims it faces abroad. This announcement reinforces the bearish monthly MACD signals I’ve been highlighting in recent reports, especially as major indices break below recent lows, a shift clearly visible in the futures charts below. The geopolitical landscape remains the wild card: if countries engage in negotiations—something Trump has openly encouraged—tariffs may be reduced or removed. But if rhetoric escalates and retaliatory measures follow to satisfy domestic political interests, market pressure could deepen significantly.
While many daily technical setups appear promising following strong closing prices, traders should remain cautious. The potential for downside volatility at the open remains elevated, particularly given the magnitude of the tariff announcement and its broad implications. Even traditionally defensive sectors—often seen as safe havens—could face pressure in the morning session as global markets digest the overnight developments. Use caution and monitor price action closely as conditions remain highly fluid.
Trump outlined specifics with a large visual chart, highlighting new levies such as 34% on Chinese goods, 46% on Vietnamese imports, 32% on Taiwanese products, and a steep 49% on Cambodian exports—the highest among all listed countries. The European Union faces a 20% tariff, while Japan will be hit with 24%. USMCA-compliant goods from Canada and Mexico remain exempt for now, though Trump noted this exemption may not be permanent.
According to a senior administration official, the new rates were calculated by the Council of Economic Advisers to reflect “discounted reciprocal” values—roughly half of what the U.S. believes it has been charged by foreign trading partners. Trump emphasized the perceived imbalance, stating, “You think of the European Union—very friendly. They rip us off. It’s so sad to see.”
Markets Whipsawed by Volatility
The tariff news triggered an immediate backlash in financial markets. Dow Jones futures dropped 2%, S&P 500 futures declined 2.98%, and Nasdaq 100 futures plunged 3.9%. The sharp drop in futures comes on the heels of a volatile but positive day during regular trading, where major indices clawed back early losses to close higher. The Dow Jones Industrial Average rose 0.6%, the S&P 500 added 0.7%, and the Nasdaq Composite gained 0.9%. The Russell 2000 outperformed with a 1.65% jump.
Dow Jones Industrial Average – Futures
S&P 500 – Futures
Nasdaq – Futures
However, Wednesday’s gains were quickly overshadowed by the tariff announcement. Heavyweight tech names and semiconductors bore the brunt of the after-hours decline. Shares of Apple (AAPL), Nvidia (NVDA), Amazon (AMZN), Walmart (WMT), and General Motors (GM) all fell. Taiwan Semiconductor (TSM) was particularly vulnerable due to the 32% tariff targeting Taiwanese goods. Palantir Technologies (PLTR) and Tesla (TSLA) also sold off sharply.
The U.S. 10-year Treasury yield retreated to 4.05%, and crude oil futures slipped nearly 3%, reflecting a broad move toward defensive positioning.
10-Year US Treasury Yield
Bitcoin Shows Intraday Strength, But Closes on Cautionary Note
Bitcoin traded with notable strength throughout the session, maintaining firm upward momentum even as broader markets fluctuated. However, the cryptocurrency reversed sharply lower in after-hours trading as Trump’s tariff announcement injected fresh uncertainty into risk assets. Technically, Bitcoin is approaching a pivotal inflection point, with price action tightening beneath a key area of horizontal resistance. A decisive breakout above that level would be a bullish signal, potentially reigniting upside momentum. Conversely, a breakdown from current levels would breach the 40-week moving average, triggering what could become a “look out below” scenario. Traders should closely monitor these technical levels, as the setup increasingly resembles a binary event that could dictate direction in the near term.
Bitcoin – Daily Chart
Bitcoin – Weekly Chart
TSX Climbs Ahead of Trade Turmoil
Canada’s TSX Composite Index rose for the third consecutive day, gaining 273.90 points or 1.1% to close at 25,307.18, its highest level since March 25. Investors rotated into industrial and technology shares, positioning defensively ahead of Trump’s tariff announcement.
Technology shares led with a 2.5% gain, driven by a 4.3% surge in Celestica Inc (CLS.TO). Industrials advanced 1.5%, while financials climbed 1.1%. The energy sector posted a 0.7% rise, aided by oil prices settling at $71.71 per barrel. However, communication services continued to lag, with BCE Inc (BCE.TO) dropping 4.3%. Shares of BlackBerry Ltd (BB.TO) plunged 9.2% after the company projected lower annual revenue.
With elevated uncertainty, some are advising a shift toward perceived safe havens. This is when people should already be positioned in what they consider safer havens, with some of the staple names showing relative strength in the daily setups, such as Dollarama (DOL.TO).
TSX – Daily Chart
A Pivotal Moment for Global Trade and Markets
The unveiling of Trump’s global tariff framework marks a potential turning point for markets, injecting renewed uncertainty into an already fragile global economic outlook. While equity indices had shown signs of technical resilience earlier in the day, the scale and speed of the tariff escalation have rattled investor confidence.
With tariffs set to begin rolling out on April 5, and more severe reciprocal rates on April 9, the coming sessions may be defined by heightened volatility and reactive positioning. Investors should continue monitoring macro headlines while maintaining flexible, risk-conscious strategies.
“A trader who trades based on hope is doomed.” – Alexander Elder
Now, onto the daily setups.
While many daily technical setups appear promising following strong closing prices, traders should remain cautious. The potential for downside volatility at the open remains elevated, particularly given the magnitude of the tariff announcement and its broad implications. Even traditionally defensive sectors—often seen as safe havens—could face pressure in the morning session as global markets digest the overnight developments. Use caution and monitor price action closely as conditions remain highly fluid.
US Daily Setups
ADT – ADT Inc
ADT is seeing continued upside action following the recent flag of unusual call option activity in the Unusual Activity Report. The strength in price action adds credibility to the setup as it builds momentum.
LINK TO CHART – https://schrts.co/PpFatVUn
ASPI – ASP Isotopes Inc.
ASP Isotopes is consolidating in the form of a potential wedge pattern. Monitor for a breakout, as a move beyond the pattern could signal the next directional trend.
LINK TO CHART – https://schrts.co/HTVngdXI
CCJ – Cameco Corp.
Monitor Cameco for signs of a potential double bottom forming, as price action sets up within a possible falling wedge pattern. A breakout from this structure could signal a shift in momentum and the start of a recovery.
LINK TO CHART – https://schrts.co/TjUzvCmN
CRK – Comstock Resources, Inc.
The recently highlighted Comstock Resources setup is now starting to break out to a new high above its upper trendline. This move strengthens the bullish case and suggests the potential for continued upside.
LINK TO CHART – https://schrts.co/ndYsgGyy
LNG – Cheniere Energy, Inc.
Cheniere Energy is positioning itself just below the next level of horizontal resistance. A breakout above this level could signal a continuation of the current upward move.
LINK TO CHART – https://schrts.co/czDSHHqs
RKT – Rocket Companies Inc.
Rocket Companies continues to set up just below a significant multi-year horizontal resistance level. A breakout in the weekly PPO momentum indicator above the zero line could help propel price action through this key level.
LINK TO CHART – https://schrts.co/sUqsjwaV
Canadian Daily Setups
DOL.TO – Dollarama Inc.
Dollarama continues to perform well, touching a new all-time high from the recently highlighted setup. The strength reinforces the bullish structure and signals continued momentum.
LINK TO CHART – https://schrts.co/mevYZpQw
KEY.TO – Keyera Corp
Keyera is a setup we first flagged when it began breaking out from its continuation pattern. Since then, price action has been trending above its upward-sloping moving average, in line with system rules highlighted at the top of each report. Today, it pushed above another level of horizontal resistance, reinforcing the strength of the move.
LINK TO CHART – https://schrts.co/EYBvGCuA
LMN.V – Lumine Group Inc.
Lumine Group continues to show strength since it first began pushing above its consolidation pattern. While there could be downward volatility tomorrow following Trump’s announcement, continue to monitor the stock for signs of sustained strength above its upward-sloping moving averages.
LINK TO CHART – https://schrts.co/gSafHIjh
MFI.TO – Maple Leaf Foods, Inc.
Maple Leaf Foods is attempting to move higher from a continuation pattern. A breakout with follow-through could signal the start of a new leg up.
LINK TO CHART – https://schrts.co/AIZbdDre
NWC.TO – North West Co. Inc.
North West Co continues to show strength following its breakout, reinforcing the bullish momentum. Sustained price action above support could signal further upside potential.
LINK TO CHART – https://schrts.co/CsQsAiHN
TRP.TO – TC Energy Corporation
TC Energy appears to be positioning itself just below its 52-week high. Monitor to see if price action can continue to trend above its upward-sloping moving averages.
LINK TO CHART – https://schrts.co/iDCvhnRh
To conclude our report, we thank you for your engagement and insights. Your feedback is valuable, and we encourage you to share your recommendations. Stay attentive to the Daily Setups, the Workspace, and the Watchlists for emerging opportunities. Additionally, be sure to explore the scanner result PDFs provided below. Until next time, happy trading!
US Scanner Results
(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)
Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.
US Watchlist Scan – 2025-04-02
CGNT, TMC, RCAT, MNPR, MVST, MBOT, XYF, ANGO, ARQT, RKT, CANG, MRX, SMMT, IONQ, SLNO, LOAR, KINS, PDEX, ASPI, COOP, CVNA, KTOS, LANV, ODD, ADPT, CRK, JFIN, TGTX, TARS, NUTX, EQH, BBIO, ESCA, TRVI, URBN, NRG, RVSB, TAL, ENVA, MRCY, ATGE, BBW, TKO, USAU, LTH, QFIN, LUCD, LNC, DRVN, MDGL, NPCE, TDUP, OLLI, GSHD, DRS, NAGE, SNEX, BSET, COMP, LINC, ZS, TRVG, GHC, ARIS, TPL, PTGX, ATAT, BHF, NXG, ADT, AR, GFF, TGNA, AROC, LFCR, LBRDK, FOX, IAG, SOC, BRBR, LBRDA, PLMR, III, PEN, CPRX, APEI, CHTR, NTNX, BBUC, LOPE, BCS, CVCO, SND, FOXA, SRAD, CVLT, GENI, MD, VSEC, SILA, GNTY, SFM, KGC, VIRT, TRP, DRD, ESAB, FI, MFC, SKT, USAC, OSIS, TJX, EXEL, RUSHB, VIAV, MCW, PPTA, SLM, YMM, WMB, RYAN, PRDO, REVG, CIB, LRN, HWM, SE, TIPT, WWD, LNG, ACNT, CAKE, EPSN, IHS, MWA, YRD, IP, MMSI, NWG, DTM, PAAS, IDA, CWST, WES, AB, FTI, HNRG, EMO, ONC, EQT, IRTC, DB, GLP, TRGP, IPI, ENB, GFL, HSBC, ESE, SKWD, SLF, CAH, ETR, TPZ, UNM, GRND, WPM, CRESY, IVT, MGIC, AM, HESM, ACR, EVTC, GOF, MKL, SAN, FNF, KMI, UTF, EXE, NTB, WMK, RRC, HURN, CNO, BRK/B, PRI, GPOR, ACIW, TFPM, HFWA, TDS, FAF, CAPL, EHC, LYG, SPH, SNA, COR, ING, XPEV, PAA, CASY, COKE, CURI, GL, RDVT, RSG, ROL, NWE, MDU, TG, BR, UGI, TXNM, YUMC, EVRG, NI, RBA, GILD, EBMT, MNST, OGE, AXS, CXW, DPG, FYBR, TTWO, MPLX, CWEN, ORI, WNEB, ARLP, AVA, FHI, HIG, OR, OGS, SGI, SOLV, VRSK, TW, CNP, NLOP, PBH, AGS, CAE, AU, MAA, TYG, LAUR, BKR, CCEP, CPK, XEL, ADP, GRMN, PAYX, PDT, RTX, GHY, CWEN/A, PHYS, NFG, VRSN, NOK, PPL, ABT, RGLD, AEE, ATO, VTR, PNW, BCH, KYN, DKL, CVS, HMY, PYCR, WTW, DNOW, ELME, CME, EXC, LNT, THG, BRO, SR, FTS, IRT, BJ, BMY, HTD, IGIC, EVRI, AJG, DTE, PDCO, HMN, NTES, AHR, BERY, DRI
Canadian Scanner Results
(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)
Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.
EXPORT – Canadian Scanner Results – 2025-04-02
CTS.TO, NGEN.V, SPB.TO, MMET.CA, ATX.V, DRT.TO, MDA.TO, CNL.TO, ISC.TO, ARIS.TO, PUR.V, EFX.TO, ATRL.TO, DOL.TO, TOI.V, AIAI.CA, MEND.CA, ETG.TO, RBX.V, FTT.TO, HAN.V, LMN.V, APXC.CA, GS.NE, CSU.TO, OGD.TO, OLA.TO, GIP.V, BLN.TO, BAM.TO, ADW/A.TO, IMG.TO, RUP.TO, KEY.TO, PZA.TO, AII.TO, SGY.TO, EXE.TO, IPCO.TO, UBER.NE, BBU/UN.TO, IAG.TO, BBUC.TO, LBS.TO, TRP.TO, ARX.TO, CNC.V, ERE/UN.TO, MFC.TO, K.TO, STN.TO, ELD.TO, SVM.TO, TOT.TO, FVI.TO, CM.TO, EFN.TO, POU.TO, AQN.TO, PPTA.TO, MRU.TO, CSW/A.TO, PAAS.TO, LCS.TO, ENS.TO, ENB.TO, PKI.TO, ASCU.TO, GFL.TO, BMO.TO, APM.TO, NWC.TO, SLF.TO, MFI.TO, BNT.TO, BN.TO, WPM.TO, COP/UN.TO, DGS.TO, TD.TO, AAV.TO, CSH/UN.TO, NVA.TO, IMO.TO, AAUC.TO, TFPM.TO, NGT.TO, LFE.TO, PPL.TO, GEI.TO, RY.TO, BTO.TO, AG.TO, BDGI.TO, TVE.TO, SES.TO, TRI.TO, BIR.TO, BLK.NE, EIT/UN.TO, BRK.NE, BRK.TO, WN.TO, MND.TO, GWO.TO, VRN.TO, QBR/B.TO, KEL.TO, DFY.TO, MEG.TO, PEY.TO, RBA.TO, DR.TO, POW.TO, OVV.TO, CNQ.TO, L.TO, PSLV.TO, RUS.TO, AOI.TO, OR.TO, CTC/A.TO, WTE.TO, CAE.TO, OGC.TO, BPF/UN.TO, DF.TO, SII.TO, SU.TO, TOU.TO, FN.TO, CJ.TO, FCR/UN.TO, AGF/B.TO, WSP.TO, CEF.TO, NEO.TO, PHYS.TO, ACO/X.TO, TCW.TO, SSL.TO, X.TO, WCN.TO, BIP/UN.TO, CIX.TO, TCL/A.TO, AX/UN.TO, FTS.TO, SIA.TO, H.TO, ARTG.V, PNP.TO
