SP:SPX is reaching the 5780 level which was previously strong downside resistance and now is a strong upside resistance.
TVC:DXY is reaching a strong support zone and a pullback could end here of continue to 100. Key support level is being tested.
Bitcoin is bouncing from the upside support of 75k and is targeting higher in the fifth wave. Target is 115k as long as we are above 75k.
After the breakout above the long-term consolidation, OANDA:XAUUSD is reaching the peak of the long-term bullish main cycle third wave. The pullback that started can lead to a test of 2400 level before any possibility of a continuation higher
$CL_F is bouncing off the strong upside support 71.50 and that is aligned with the uptrend channel support and the rising uptrend line. We could see a test of the 81.50 resistance in the coming weeks for an upside extension in the third wave.
Lat week NASDAQ:DJT approached again to a long-term upside resistance bull flag line 15800 level. A break above this level will lead to a strong bull market continuation and this is also bullish for all the Indices and US stocks market as well.
OANDA:XAUUSD is about to test significant short-term resistance 2360
XETR:DAX is so far pulling back from 19000 it touched. A break below 18000 needs to be confirmed for us to be certain that reversal is fully triggered
FX:USDCAD is supported by 1.3600 into BOC decision. Look for the levels mentioned in the video and a trade for today
TVC:DEU40 is close to confirm a top and a break below 18450 will confirm that
SKILLING:US100 is reaching the extreme point in the market and levels indicated in the video are important
AMEX:DJIA break below 39000 opened a new bearish wave cycles near-term and possibly long-term
NASDAQ:AAPL broke below 180 and is marking the upside cycle end. In the video you will see a detailed technical Elliott Wave analysis along with price action and trade setup
OANDA:XAGUSD is testing 22 which is a consolidation support and a bounce can lead to test of 25
End of the day commentary for the most of the trading instruments
SKILLING:US100 is testing the top of the rising wedges again and we need to look at the next two days for direction
A breakout above 1.3560 is needed for an extension higher in the fifth short-term and long-term wave
NASDAQ:TSLA downside reversal after the strong downside resistance. Find out more and how to trade it