by David Kindley | May 19, 2025 | Tecchnical Analysis
SPX500 (S&P) jumps higher The SPX500 (S&P) climbed for a fourth straight session as the US and China tariff agreement rumbles on. With Treasury yields also falling, this provided a boost to stocks. The jump above 5700 indicates that sellers are bailing out,...
by David Kindley | May 16, 2025 | Tecchnical Analysis
The Nasdaq 100 (NAS 100) continues the recovery Indices remain buoyant as we head into another week of potential growth. The Nasdaq 100 (NAS 100) remains in bullish mode after almost making a 100% recovery from the sell-off that happened in March. Tech giants have...
by Rami Abu-Draa | May 16, 2025 | Tecchnical Analysis
The Dow managed to hold above the support of 41600 where prices managed to hit a rebound toward 42460. As long as the market holds below the resistance of 42560 another swing back toward 41800 could hit the market. Above 42560 more advance will be expected with...
by Rami Abu-Draa | May 16, 2025 | Tecchnical Analysis
Gold managed to meet targets 3200 and 3250-60 yesterday. As we saw from the market, Gold managed to drop as the market kept trades below the resistance of 3250-60. Prices hit a low of 3154 today while as long as the market holds above the support zone of 3130-50,...
by Rami Abu-Draa | May 16, 2025 | Tecchnical Analysis
Crude Oil hit the targets of 61.50 and resistance 63.50 whilst dropping and closing again to support zone of 59.50-90. As we see over the chart and as long as the market holds above the support of 59.50-90, another advance wave toward 63.20-50 and 64.80 will be...
by Rami Abu-Draa | May 16, 2025 | Tecchnical Analysis
USDJPY managed to hit a correction today to hit a 144.90 low. As we see over the chart, the market could head again for another advance from the 145.40 support with the target and resistance zone at 148.20-60. Below 144.40-80 the market could head for a further drop...
