Cramer's Corner: Daily Technical Update  with Semiconductors, Tech Sector. Russell 2000. JPY Pairs
Technical analysis

Cramer's Corner: Daily Technical Update with Semiconductors, Tech Sector. Russell 2000. JPY Pairs

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

  • Semiconductors and tech Sector top and reversal
  • S&P 500. Bearish engulfing intact 
  • Nasdaq Bearish engulfing resistance at 20,042-20,211 RSI positive
  • Russell 2000 up 3.2% Friday. Trump trade?
  • EuroStoxx50 key resist at 4,907
  • DAX above resistance could push to all-time highs
  • AEX25 closed above key resist at 907
  • CAC40 resistance at 7,584
  • SMI20 bullish likely to test all-time highs
  • Time 5.09
  • EURUSD bullish room to 1.1275 but stretched
  • EURGBP likely to slide lower
  • GBPUSD bullish could push to 1.33
  • USDJPY resumed downtrend testing 0.786 retracement at 143.30
  • EURJPY could break key support at 160.55
  • AUDJPY likely to break bearish out of range 99.20-96.75
  • GBPJPY rejected at 200 DMA, key resistance at 191.90
  • AUDUSD testing resistance at 0.68
  • USDCAD below support at 1.3590, next support at 1.3440
  • EURCHF likely bear move to 0.9445 but likely lower
  • USDCHF likely to test 0.8430
  • Dollar Index support at 100.32
  • Time 12.19
  • Gold bullish move struggling for further upside momentum. Support 2,484
  • Silver above 29.45 resist, but RSI still negative
  • Copper breaking above 422.35
  • WTI and Brent Crude oil volatile in tighter range, bouncing from supports
  • US 10-year T-yields spiked below support at 3.79

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