Tariff Shock Fallout: April 3rd Game Plan After the Big Breakdown”
Market Context and Game Plan April 3
Yesterday’s tariff announcement landed — and the market’s reaction was brutal.
SPY -3.2%, QQQ -3.6%, IWM -4.5%
Futures still under pressure: ES -0.45%, NQ -0.37%
UVXY jumped nearly 19%, yet still remains under the March spike levels — signaling panic is present, but possibly controlled
We officially broke Friday’s low across the board. This isn’t just a shakeout — it could be the beginning of a deeper structural unwind… unless the market finds footing today.
Market Context for April 3rd
SPY Weekly: Cracked through multiple support bands, now sitting just above 543–546 zone. Watch this for a make-or-break intraday bounce.
QQQ Weekly: Closed below 462, hovering near 458–459 key support. A close below this zone may invite further selling toward 450.
UVXY Daily: Spiked to 26.87, still below the March 13th 30+ panic highs. Suggests controlled volatility—institutions might have priced this in.
Bullish and Bearish Scenarios
Bullish Case:
No follow-through selling after yesterday’s flush.
Buyers defend ES 5528–5550 zone.
Stabilization in volatility; UVXY remains below 27.
Relief rally kicks in if economic data is less severe than expected.
Bearish Case:
Continued pressure from global markets on tariff implications.
ES loses 5528 with force.
UVXY breaches 30, signaling panic/capitulation.
Breakdown accelerates toward 5480–5450 zone.
Trade Plan for Today
Plan A: Don’t rush the open. First 30 minutes should guide sentiment.
Plan B: Watch 5-minute and 30-minute structure around Friday’s lows. Failed breakdowns can squeeze — but failed bounces can cascade.
Plan C: Focus on risk. If we break and hold below 5528 on ES, it could trigger the next leg down.
📌 Check out our Free Resources on the homepage to learn how to read these levels and build your own game plan.
Join the April Mentoring Challenge
We're kicking off live group mentoring this week. Twice weekly sessions (Mon/Wed), real-time market context, and a full futures challenge using a $10,000 account. If you’ve ever felt lost trading solo, this is your chance to plug into a proven framework.
📆 Try a single class for $29.99 📅 Full 3-month plan: $400 (36 classes total) 🔥 Normally $199/mo — this is your chance to commit.
Risk Disclaimer
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.