Copper looks to have lost momentum on the weekly now after what has been a massive rally. Will largely depend on the $USD strength in the week ahead.
If we see the rally in USD this week it should see gold lower. Have to see confirmation
Oil had a good week after finally breaking that super strong daily resistance level. I expected a retrace back to support. Might still be on the cards. Lets see
USD index is attempting to rally off the weekly support. See if it picks up a bit of momentum for a nice reversal. Should be a good week.
USD index settled back after payroll. Have to see what happens in the week ahead. See if weekly support holds.
DAX has shown a continuation here after consolidation
The breakout in oil is holding but on very thin volume.
BTC/USD daily consolidation but will be a few months before we can say where the bottom is in. This is good for the longer term of crypto market.
Nasdaq looks like it has run out of momentum for now. Looking for lower high lower low on the weekly.
SPX daily on heavy resistance after non farm payroll. have to see what happens here. Expecting a rejection lower.
Gold has turned down with stronger dollar. Was to be expected.
ES looks like momentum has stalled on the weekly. Looking for a rejection lower on the daily
Oil daily has finally broken the heavy resistance level but the weekly resistance still holds so could result in a false breakout on the daily.
Bitcoin is sitting right on the weekly kijun sen. Will be interesting to see what happens next week.
A quick video showing my watch list of crypto that I follow.
Bitcoin weekly is testing the weekly kijun sen. If there is a weekly close below the kijun sen thee will be a multi month correction.
The inevitable capitulation in Ethereum looks to be under way. This is good for the longer term. It was well over due. Could just turn into a weekly consolidation for a few months, too early to say.
Nikkei is in a sharp reversal after after a stunning uptrend post covid.