ChartsGenius
@ChartsGeniusEasy to digest technical insight and market analysis. The information in these commentaries is not a solicition to buy/sell any instrument. https://t.co/eNbs4SSaZW
Similar User
@AKAMoshaa
@LatestGadgets24
@CryptoFreddo
@qoomaii
@user10110110010
US JOLTS Job Openings Actual 9.553M (Forecast 9.4M, Previous 9.610M)
US ISM Manufacturing PMI Actual 46.7 (Forecast 49, Previous 49.0)
#US - US ADP Employment Change Actual 113k (Forecast 150k, Previous 89k)
$WTI has formed double top on charts - signalling target of $70.... FOMC and geopolitical risks can still muddy outlook though - for now it's being suported by 100 day MA at $81; next sup will be $78.50 #Oil #WTI #Commodities
#GBP - BOE rate policy decision tomorrow, where they are expected to hold rates at 5.25% - sup at 1.2100-10. trading will be light and whippy whilst waiting for both FOMC & BOE #Currency #MPC #FX
#JPY - Officials comments "one sided sharp FX moves which negatively affect economy & BOJ may or may not comment when intervening" .... so far so typical. several topside levels - 151.80 (top of recent channel) but more important 153-153.50 - doubt BOJ will let it get there #BOJ
$NVDA selloff seems prompted by #Barrons article saying some $5B of it's China orders are vulnerable to US rules over exports of critical technology - possibly forcing company to cancel orders - which would impact it's earnings outlook - they report results end Nov
$NVDA just broken sup line which will confirm triple top by close tonight - close below $400 and open below brings $300 ultimate target to view - still some way off, will watch #Nvidia #NASDAQ
$SMCI broke tline sup and opened lower today, confirming break - target is now $209, with resistance at $237 #NASDAQ #SMCI
#USDJPY - Market was taken aback with BOJ's apparent nonchalant attitude towards #JPY and seems bent on testing their resolve, having pushed doljpy up 150 pips - top of rising wedge coming around 151.50 area - would advise caution close to that level #BOJ #FX
#USDJPY #BOJ dissapointed market with its perceived minimal adjustment to yield curve control settings, changing language around 1% 10Y yield cap - Yen weakend as result, with doljpy facing s/t res at 150.50 within broader rising wedge #BOJ #YCC
$NFLX getting close to band of resistance from $416 up to $420 - will be tough to overcome first go #Netflix
$WTI - reckon position adjustment and few signs yet of conflict spilling into wider ME region - 100 day MA sup at $80.50 should provide some pause ahead of $78.25 target #WTI #Crude
$NVDA - watching $400-$02 band to complete triple top formation - ultimate objective of that move will be $300 - will update in due course #Nvidia #NASDAQ
$SMCI flirting with tline sup at $237 - 50 & 100 day MA's have crossed, implying lower levels overall - Definitive tline break would target $210 first objective #Supermicrocomputer #NASDAQ
$TSLA not managing to hold onto initial opening gains - Double top formation objective playing out - objective is $175, though it will most likely be a bumpy ride down - sup at $200 and $193 for now #Tesla #NASDAQ
$USDJPY - reacting to headline that BOJ to tweak policy to let 10 yr yields exceed 1% - 50 day MA at 128.25
BoJ to debate readjusting YCC on Tuesday - NIKKEI. BoJ may allow long term yields to rise above 1% - NIKKEI.
United States Trends
- 1. Jokic 11,7 B posts
- 2. Pete 291 B posts
- 3. DeSantis 34 B posts
- 4. Kerr 6.998 posts
- 5. Mavs 12,1 B posts
- 6. Podz 3.183 posts
- 7. Clemson 24,9 B posts
- 8. Nuggets 16,4 B posts
- 9. Brea 2.587 posts
- 10. Kentucky 19,1 B posts
- 11. Wiggins 2.724 posts
- 12. Jamal Murray 1.466 posts
- 13. Bama 41 B posts
- 14. Marcus Smart 2.573 posts
- 15. Kuminga 2.278 posts
- 16. NBA Cup 14,7 B posts
- 17. Grizzlies 6.214 posts
- 18. #MFFL 4.008 posts
- 19. azealia 3.646 posts
- 20. #GSWvsDEN N/A
Something went wrong.
Something went wrong.