Technical Update - US Indices
Kim Cramer Larsson
Technical Analyst, Saxo Bank
The S&P 500 Index closed back below the 200 daily SMA and minor support at 4,446 indicating return to bearish scenario after being rejected at the resistance at 4,590.
If S&P500 closes below there is not strong support before 3,725
US500 cfd (future)
The selloff is continuing this morning in the futures/US500 cfd. Crucial support area around 4,262-4,220 is likely to be tested
After being range bound for a few days between 14,481 and 15,166 Nasdaq 100 was hit by a selloff Friday pushing the Index to close below support. Next support which can be crucial is around 13,945. If closing below next strong support is not around 12,950
The future /USNAS100 bear move is continuing this morning approaching crucial support at around 13,838. Next strong support around 12,667
Quarterly Outlook Q2 2022
Quarterly Outlook Q2 2022: The End Game has arrived
- Shocks from covid and the war in Ukraine have forced the global financial and political world to change, but what will the end game be?
Productivity and innovation have never been more importantAs the world economy hits physical limits and central banks tighten their belts, could equities be facing a 10-15% downside?
The great EUR recovery and the difficulty of trading itIf the terrible fog of war hopefully lifts soon, the conditions are promising for the euro to reprice significantly higher.
Tight commodity markets – turbocharged by war and sanctionsWith supply already tight, commodities keep powering on. But will it last for yet another quarter?
Between a rock and a hard placeGeopolitical concerns will add upward price pressures and fears of slower growth, while volatility will remain elevated.
The Great ErosionInflation is everywhere and central banks try to combat it. But will they get it under control in time?
Australian investing: Six considerations amid triple Rs: rising rates, record inflation and likely recessionWhile global financial markets are struggling in an uncertain world, the commodity-heavy Australian ASX index is poised to keep a positive momentum.
Cybersecurity – the rush to catch up with realityWith the invasion of Ukraine, governments and private companies are rushing to reinforce their cyber defenses.