April 9 Recap – Postponed Tariffs, Parabolic Moves, and a Market in Shock
Let’s just say it straight — yesterday was brutal.
Markets completely undercut the April 6th low, triggering widespread forced liquidation. The TRF (Tariff Reform Framework) news officially went into effect, and overnight yields spiked, panic intensified, and there was a real sense that we were staring down a deeper crisis.
By pre-market, we saw a modest bounce — not from optimism, but likely from sheer exhaustion after the selloff. From the open till around 12:30 PM, the market simply consolidated, coiling like a spring. And then it happened…
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The News That Turned the Day
The White House announced a 90-day postponement on the new round of tariffs.
And the reaction? Nuclear.
SPY surged +9.8%
QQQ up +12%
ES Futures: +11.8%
NQ Futures: +14.1%
VIX collapsed 35% — from 48 to 32
It was a massive, almost surreal reversal. But the bigger question is:
Why did everyday traders and investors have to suffer such extreme pain before relief was offered?
I personally know folks who were completely wiped out in the days leading up to this. The volatility was so violent, many didn’t even get the chance to participate in today’s bounce.
But for those who held on or caught the setup? This was the reward day — and we were able to capitalize with a few solid trades that aligned perfectly with our intraday levels and volume squeezes.
Come see how we’re turning tight ranges and tough markets into real confidence.
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Technical Context & What Now?
This wasn’t just a relief rally — it was a violent short squeeze, the second major one in just three days.
We’re now trading near the April 1st low, effectively turning this month into a massive doji.
If momentum follows through, the monthly candle might flip green.
If we stall here — this could be nothing more than another bear market rally.
For those paying attention, this pattern has already played out once — just two days ago, on April 7, rumors of a tariff delay caused a spike from 5000 to 5300 in minutes.
Today? Same setup, same outcome. From 5080 to 5508 in a straight rip — nearly 500 points on ES.
We’ll break it all down again tomorrow in the Live Edge group, and update our game plan for the rest of the week.
In a market like this, the playbook matters more than ever.
— Shawn
Note: I’m on vacation for the next few days, so I may not be able to post full market analysis or updates like usual. I’ll try to check in and share quick thoughts if possible — but no promises!
Disclosure:
The information provided in this article is for educational purposes only and should not be considered as financial advice. Trading and investing in financial markets involve substantial risk, and it is important to conduct your own research and consult with a qualified financial professional before making any investment decisions. The author is not responsible for any financial losses or gains that may result from actions
Trading futures, stocks, and options involves significant risk and is not suitable for all investors. This content is for educational purposes only and does not constitute financial advice.