Cramer's Corner Daily Technical Update
Technical analysis

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:

  • Meta
  • Microsoft
  • Alphabet
  • Meta
  • S&P 500. New high but not higher close. Top & reversal pattern still intact. If closing above 4,579 it will be cancelled. Could happen today Thursday driven by Meta
  • Nasdaq 100. Bouncing from lower trendline. Top and reversal pattern still intact
  • DAX above 16,210 i.e., uptrend but not confirmed by indicators
  • AEX25 Above key resistance at 781
  • BEL20 strong uptrend
  • CAC40 Having another go at the 7,403 resistance
  • EURUSD Correction likely over. Uptrend resuming
  • GBPUSD correction over at 1.28 support and uptrend resuming
  • USDJPY Rejected at facing resistance at 142. Likely range bound next few days
  • Gold uptrend resumed. 2K shortly ?
  • Silver bullish
  • Copper uptrend
  • Brent above resistance at 83. Next resistance at 87.25
  • WTI above resistance at 79.20. Next resistance at 83.35
  • Wheat testing June peak at 784. Likely higher prices next few weeks after set back
  • Soybeans
  • Corn range bound
  • US 10-year Treasury yield resuming uptrend. Likely to get back to 4%

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