Cramer's Corner: Daily Technical Update
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:
- S&P 500 spiked to 5,110. Uptrend very stretched correction in the cards
- Nasdaq 100. No new high close
- EuroStoxx50 uptrend could move above 4,900. 5K??
- DAX uptrend potential to 17,660
- AEX25 testing trendline could form top and reversal pattern
- BEL20 above falling trendline. Resistance at 3,742.
- CAC40. Uptrend stretched but could test 8K
- SMI20 uptrend. resistance at 11,616
- Time 4.16
- EURUSD rejected at 0.382 retracement could resume downtrend
- GBPUSD rejected at resistance at 1.27
- USDJPY uptrend losing momentum, below 149.75 bear trend
- EURJPY uptrend could push to 164.20
- AUDJPY correction unfolding likely to 97.70
- AUDUSD below key support at 0.6520 resuming downtrend
- NZDUSD could be resuming bear trend. Key support at 0.6050
- USDCAD above 100 DMA likely move to 1.3625
- Dollar Index could it resume uptrend?
- Time 9.58
- Gold trouble breaking 2,035. Strong resist at 2,065
- Silver lower could once again test 21.90
- WTI Crude range bound with higher lows support 75.50, resistance at 79.77
- Brent range bound support at 80.70 resist at 84.75
- Henry Hub Gas bottom and reversal pattern still intact with potential to USD2
- US 10-year T-yields range bound 4.20 – 4.35
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