Equities webinar with Peter Garnry
Technical analysis

Cramer's Corner: Daily Technical Update with Tesla

Kim Cramer Larsson
Technical Analyst, Saxo Bank

Summary:  Cramer’s Corner: Daily Technical Update

Kim Cramer Larsson hosts the Daily Technical Update, a daily 8-10 minute video with live charts.
Kim takes you through the latest technical developments in financial markets, covering everything from the major stock indices, widely traded single stocks, commodities, currencies and interest rates

In today’s Technical Update:

  • Tesla up pre-market. Short-term bullish correction. Gap area is key
  • S&P 500 bouncing from support at 4,953, resist at 5,080
  • Nasdaq 100 bouncing from 16,963 support, resist at 17,478
  • EuroStoxx50 strong bounce, above 5,053 uptrend confirmed
  • DAX testing key resistance at 18,192
  • AEX25 testing key resistance at 882
  • CAC40 resistance at 8,126
  • SMI20 strong rebound , can it test 11,595 resistance?
  • Time 4.37
  • EURUSD rejected at 0.382 retracement 1.0710
  • GBPUSD 0.382 retracement at 1.2456 rejection
  • USDJPY uptrend intact upside potential to 155.30
  • EURJPY Above resistance at 165.30, likely move to 166.30-166.97
  • AUDJPY above resistance at 100.02 potential to 102
  • GBPJPY strong resistance at 192.85
  • AUDUSD likely to be rejected at 0.6536 – 0.618 retracement
  • USDCAD correction to 1.3700, uptrend intact potential to 1.39
  • EURCHF resuming uptrend likely to get back to 0.9850
  • USDCHF likely to take out peak at 0.9153, potential to 0.9245
  • Dollar Index correction to 104.84?
  • Time 9.52
  • Gold closed back above support at 2,319, correction still likely with downside potential to 2,260-2,255
  • Silver correction over or another downwards push
  • Copper top and reversal. Could buyers cancel it?
  • WTI and Brent correction could be over, resuming uptrend
  • US 10-year T-yields upside potential to 4.70-4.75 short-term

Follow me for more on SaxoTrader platforms, home.saxo and X (Twitter): Cramers_Corner

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