Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
$XLK may set up for a dip after ramping up into resistance zone. A new high will be needed for further continuation.
$DB cracks are forming. Interested to see how big they get. Watch for further breakdown as daily pennant pattern is showing signs of confirmation.
Looking for $SPY to find resistance at the $315 zone with risk to the $300 level. However, a new high would invalidate play.
Not expecting this to play out for some time and if it is acquired before hand than it would negate its potential downside. However, looking at technicals I would say this is breaking down and if momentum picks up, then I would say at worst case scenario it prints $75. Will revisit late summer.
$ADBE long term chart looks terrible. I would say if this goes then can indicate software for business is slowing and not an indication of a growing economy. Will check back after summer rally to see.