Daily Market Analysis 25 April 2022

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Hypothetical Performance Disclosure: Hypothetical performance resulting from simulated trading has many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance, all which can adversely affect trading results.