Technical Analysis and Outlook With the Index Dip 2527 open, we have two critical, pivotal points at stake: Key Resistance 2809 on the upside and Mean Support 2641 , and Key Support 2583 on the downside.
Technical Analysis and Outlook We have a new setup with Index Dip 24129 completion on Oct 29; we have two critical, pivotal points at stake: Mean Support 24443 on the downside and Key Resistance 25809 on the upside.
Technical Analysis and Outlook With the Index Dip 6273 open, we have two critical, pivotal points at stake: Key Resistance 7278 on the upside and Mean Support 6717 on the downside.
Technical Analysis and Outlook With the Index Dip 11157 completion, we have two critical, pivotal points at stake: Key Resistance 11777 on the upside and Mean Support 11194 on the downside.
Technical Analysis and Outlook With the Index Dip 20948 completion, we have two critical, pivotal points at stake: Key Resistance 22841 on the upside and Mean Support 21142 on the downside.
Technical Analysis and Outlook Sugar closed lower on Friday confirming intermediate Sugar Rally with Key Resistance 0.1312 . Expect profit taking pull down the soft commodity to Mean Support 0.1236 . Currently, the bears hold an over-all near-term technical edge, since the prices are in a retreat.
Technical Analysis and Outlook Current steady to lower momentum and failure to close above vital Mean Resistance 1.3068 will be signaling lower prices in interim and drop to Mean Support 1.2951 (Stage 2). If the currency pair extends the descend by closing below Mean Support 1.2951 , this would confirm that a mid to long-term bearishness. On the contrary,...
Technical Analysis and Outlook The NASDAQ 100 finished lower coming from of Mean Resistance 7013 and bouncing off significant Mean Support 6786 . The next stage for transforming from bearish sentiment to bullish Dead-Cat-Bounce is Mean Resistance 7013 . If all else fails, the tech index will take us to the next significant Mean Support located at 6514 and...
Technical Analysis and Outlook The S&P500 finished lower coming from of Mean Resistance 2705 and bouncing off two Mean Supports 2655 and 2630 . The next stage for transforming from bearish sentiment to bullish Dead-Cat-Bounce is Mean Resistance 2705 . If all else fails, the most significant index will take us to the major Key Support print at 2583 and...
Technical Analysis and Outlook The Microsoft stock finished lower progressing from of Mean Resistance 108.30 and descending steadily to lower to Mean Support 102 . The stock is not posed to perform any Dead-Cat-Bounce at this very bearish sentiment. However, in the event the stock extends the move by closing above given Mean Resistance 108.30 , it would...
Technical Analysis and Outlook The Facebook stock finished lower progressing from Mean Resistance 159.50 and zigzagging its way to Stock Dip 135 . The stock is posed to perform mini Dead-Cat-Bounce to extremely weak Mean Resistance 154.50 . In the event the stock extends the move by closing above given Mean Resistance, it would possibly extend mid-term...
Technical Analysis and Outlook The Google stock finished lower coming from of Mean Resistance 1103 and completing outer Stock Dip 1044 . The stock is posed to perform Dead-Cat-Bounce to extremely weak Mean Resistance 1103 . Once the stock extends the move by closing above given Mean Resistance, it would possibly extend mid-term bullishness to Mean Resistance...
Technical Analysis and Outlook The Netflix finished lower coming from of Mean Resistance 312.70 and sits at completed outer Stock Dip 296 . The stock is posed to perform Dead-Cat-Bounce to above Mean Resistance. Once the stock extends the ascend by closing above given Mean Resistance, it would extend mid-term bullishness, while progressing in intermediate-term...
Technical Analysis and Outlook The Amazon finished lower coming from of Mean Resistance 1789 and progressing to significant Key Support 1567 , additional major Key Support 1459.50 , as well as outer Stock Dip 1400 , while the upside Dead-Cat-Bounce by revisiting Mean Resistance 1789 is not likely. Once the stock extends the descend by closing below initial...
Technical Analysis and Outlook The Tesla stock finished higher coming from of Key Support 250.50 , and it is hanging at completed inner Stock Rally 339 . The stock is posed to drop to Mean Support 289 . Once the stock extends the descend by closing below given Mean Support, it would extend mid-term bearishness, while progressing in intermediate-term to Key...
Technical Analysis and Outlook The Apple stock finished lower coming from of Mean Resistance 222.50 , and it is resting at Mean Support 214.50 and completed inner Stock Dip 213 . Once the stock extends the descend by closing below Mean Support 214.50, this would confirm that a short-term bearishness is very real indeed, while progressing to Key Support...
Technical Analysis and Outlook Gold closed down up $9.90 at 1234 range on Tuesday session. Prices finished in the vicinity of mid-range Mean Support 1217 and Mean Resistance 1247 thus hitting a nearly three-month high on safe-haven interest. The bulls hold the all-around near-term technical edge and even acquired much more power on Tuesday as prices came...
Technical Analysis and Outlook Crude oil prices closed near the session low by completing Oil Dip 65.70 and hitting a two-month low on Tuesday. The bears had the all around the near-term technical edge and even gained a lot more strength as a steep downtrend is within position shown on the daily bar chart many some time ago. Currently, the crude oil is bouncing...