20.10.24
The bulls had once more ouut weighted the bears with both markets creating new all time highs and now are both at the same time both officially closed out of Septembers high.
For once it is set to be a quiet week on the economic calendar for US but there are reports due on both existing and new home sales, also reports durable goods orders, consumer sentiment and initial jobless claims.
Tesla will be the first of the Magnificent Seven tech companies to report as corporate earnings and also semicondutor earnings.
US30: After price pushed passed 42654.0 the previous week, price retraced back into weekly range past some sell side liquidity the pushed past highs at 43191.21 to create new all time highs. I will like to see price begin to trade past 43338.89 but I would like to see how price reacts mid week and if price will begin to lose strength.
GER40: After the previous week being bullish, price continuied to push higher passed old high 19500.4 and passed previous months highs. I will like to see price push past 19679.3, but also I will like to see if price loses strength mid week also
For once it is set to be a quiet week on the economic calendar for US but there are reports due on both existing and new home sales, also reports durable goods orders, consumer sentiment and initial jobless claims.
Tesla will be the first of the Magnificent Seven tech companies to report as corporate earnings and also semicondutor earnings.
US30: After price pushed passed 42654.0 the previous week, price retraced back into weekly range past some sell side liquidity the pushed past highs at 43191.21 to create new all time highs. I will like to see price begin to trade past 43338.89 but I would like to see how price reacts mid week and if price will begin to lose strength.
GER40: After the previous week being bullish, price continuied to push higher passed old high 19500.4 and passed previous months highs. I will like to see price push past 19679.3, but also I will like to see if price loses strength mid week also
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