Daniel_Thompson

Daniel_Thompson

Pivot: 24.44 Our preference: long positions above 24.25 with targets at 24.74 & 25.00 in extension. the RSI is mixed with a bullish bias.

Daniel_Thompson

Nasdaq 100 (CME) (U3) Intraday May fall -1.17 % under pressure. Pivot: 15010.00 Our preference: short positions below 15010.00 with targets at 14720.00 & 14620.00 in extension. Alternative scenario: above 15010.00 look for further upside with 15120.00 & 15240.00 as targets. Comment: the RSI has broken down its 30 level.

Daniel_Thompson

Pivot: 15715.00 Our preference: short positions below 15715.00 with targets at 15510.00 & 15500.00 in extension. Alternative scenario: above 15715.00 look for further upside with 15790.00 & 15855.00 as targets. Comment: the RSI calls for a new downleg

Daniel_Thompson

Pivot: 15780.00 Our preference: long positions above 15780.00 with targets at 15935.00 & 16010.00 in extension. Alternative scenario: below 15780.00 look for further downside with 15715.00 & 15620.00 as targets. Comment: the RSI is bullish and calls for further advance.

Daniel_Thompson

Pivot: 15715.00 Our preference: long positions above 15715.00 with targets at 15860.00 & 15935.00 in extension. Alternative scenario: below 15715.00 look for further downside with 15620.00 & 15510.00 as targets. Comment: the next resistances are at 15860.00 and then at 15935.00

Daniel_Thompson

Pivot: 23.75 Our preference: long positions above 23.62 with targets at 24.09 & 24.29 in extension. Alternative scenario: below 23.75 look for further downside with 23.58 & 23.42 as targets. Comment: the RSI shows upside momentum. Our key levels:

Daniel_Thompson

Pivot: 14750.00 Our preference: long positions above 14750.00 with targets at 15040.00 & 15200.00 in extension. Alternative scenario: below 14750.00 look for further downside with 14570.00 & 14480.00 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Daniel_Thompson

Nasdaq 100 (CME) (U3) Intraday May rise 1.56 % further advance. Pivot: 14800.00 Our preference: long positions above 14800.00 with targets at 15095.00 & 15230.00 in extension. Alternative scenario: below 14800.00 look for further downside with 14720.00 & 14610.00 as targets. Comment: the next resistances are at 15095.00 and then at 15230.00.

Daniel_Thompson

AUD/JPY intraday May rise 54-79 PIPS as long as 93.37 is support look for 94.55 Our pivot point stands at 93.37. Our preference: as long as 93.37 is support look for 94.55. Alternative scenario: the downside breakout of 93.37 would call for 92.96 and 92.71. Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace....

Daniel_Thompson

Pivot: 14730.00 Our preference: long positions above 14730.00 with targets at 15010.00 & 15095.00 in extension. Alternative scenario: below 14730.00 look for further downside with 14620.00 & 14520.00 as targets. Comment: the next resistances are at 15010.00 and then at 15095.00.

Daniel_Thompson

Pivot: 4275.00 Our preference: short positions below 4275.00 with targets at 4247.00 & 4220.00 in extension. Alternative scenario: above 4275.00 look for further upside with 4290.00 & 4315.00 as targets. Comment: the upward potential is likely to be limited by the resistance at 4275.00.

Daniel_Thompson

Pivot: 7280.00 Our preference: short positions below 7280.00 with targets at 7180.00 & 7120.00 in extension. Alternative scenario: above 7280.00 look for further upside with 7325.00 & 7380.00 as targets. Comment: as long as 7280.00 is resistance, look for choppy price action with a bearish bias.

Daniel_Thompson

Pivot: 80.55 Our preference: long positions above 80.55 with targets at 82.30 & 82.70 in extension. Alternative scenario: below 80.55 look for further downside with 79.70 & 79.00 as targets. Comment: the RSI advocates for further advance.

Daniel_Thompson

#WaveAnalysis #UK100 #FTSE100 index reversed from support level 7200 Likely to rise to resistance level 7400 FTSE100 index recently reversed up from the powerful support level 7200 (former multi-month low from March), coinciding with the lower daily Bollinger Band. The support level 7200 was further strengthened by the nearby support trendline of the wide...

Daniel_Thompson

The Upside prevails as long as 15578 is support. The RSI is above 50. The MACD is positive and above it signal line look for buys at 15640 upwards to 15733 and towards 15780

Daniel_Thompson

Pivot: 34590.00 Our preference: short positions below 34590.00 with targets at 34235.00 & 34060.00 in extension. Alternative scenario: above 34590.00 look for further upside with 34780.00 & 34950.00 as targets. Comment: the upward potential is likely to be limited by the resistance at 34590.00.

Daniel_Thompson

Pivot: 31550.00 Our preference: short positions below 31550.00 with targets at 31230.00 & 31000.00 in extension. Alternative scenario: above 31550.00 look for further upside with 31750.00 & 31910.00 as targets. Comment: a break below 31230.00 would trigger a drop towards 31000.00.

Daniel_Thompson

Pivot: 14900.00 Our preference: Short term BUY now until around 15800 then sell. short positions below 14900.00 with targets at 14680.00 & 14570.00 in extension. Alternative scenario: above 14900.00 look for further upside with 15010.00 & 15095.00 as targets. Comment: the RSI has broken down its 30 level.