laatste update: 10-2023
In today’s Technical Update:
• S&P 500. Downtrend. Support at 4,455. Likely to drop below 4,400. Support at 4,340
• Nasdaq 100. Correction down to 14,750 likely
• DAX Bearish. Rejected at 16K. Likely to drop to 15,482 support area
• AEX25 despite closing below support at 768 AEX closed above the Cloud. Uptrend has resumed but is fragile
• BEL20 uptrend intact
• CAC40 Resumed uptrend. Could test July peak at 7,526 possibly also all-time high.
• EURUSD Finding support at 0.786 retracement. Range bound
• Dollar Index rejected at 0.786 retracement at 102.41
• USDJPY above resist at 143.40. Likely to test 145. Could be too strong to penetrate
• EURJPY above strong resist at 158. Likely to move to 160.60
• GBPUSD bounced just above key support at 1.2590. But range bound short-term.RSI bullish
• Gold below support at 1,929. Now at 0.786 retracement. Could test June low at 1,892
• Silver support at 22.15
• Copper below support at 382. Next 370 and 360.
• Brent rejected at resistance at 88.20. Expect correction
• WTI expect a correction. Weekly close is key
• US 10-year correction but uptrend intact. Support at 3.90. Resistance at 4.22