Cramer's Corner: Daily Technical Update Semiconductors, Nikkei, Dutch Gas

In today’s Technical Update:

• Semiconductors rebounding but for how long?
• Nikkei testing 0.618 retracement at 35,847, resuming downtrend?
• S&P 500. Testing minor resist at 5,315. Strong at 5,409
• Nasdaq support at 17,808Resistance at 18,768
• EuroStoxx50 could bounce to 4,741 but still bearish
• DAX. Above resistance at 17,620, next 17,875
• AEX25 resistance at 892
• CAC40 resist at 7,300
• SMI20 resistance at 11,875
• Time 6.47
• EURUSD uptrend, could test 1.0980 again
• EURGBP rejected at strong resist at around 0.8610-0.8620
• GBPUSD rebounding after dipping below 1.27
• USDJPY rebounding possible to 149.20 but could run out of steam
• EURJPY could rebound to 162.45
• AUDJPY testing 0.382 retracement at 97.50
• GBPJPY testing 187.85 resist
• AUDUSD could bounce to 0.618 retracement at 0.6625
• USDCAD testing 0.618 retracement at 1.3725, could rebound
• EURCHF rebound to 94.25, possibly higher. Resist at 0.95
• USDCHF testing 0.382 retracement at 0.8670
• Dollar Index bearish
• Time 12.35
• Gold key support 2,353, key resist at 2,434, likely to break higher
• Silver, bottom and reversal , strong resist at 29.45
• Copper downtrend exhaustion
• WTI bounce from 72.40 support
• Brent Crude support at 76
• Dutch Gas breaking resistance eyeing 54.45 resistance
• US 10-year T-yields touched 4%

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