Pivot: 22.63 Our preference: SHORT positions below 22.63 with 22.15 21.95 as next targets. Alternative scenario: The upside breakout of 22.63 will open the way to...
Pivot: 101.30. Our preference: SHORT positions @ 101.15 with targets @ 100.1 99.7. Alternative scenario: The upside penetration of 101.3 will call for a rebound towards...
THE TAKEAWAY: US Dollar technical positioning hints prices are vulnerable to deeper losses. Meanwhile, the SP 500 has edged past the first layer of key chart...
Pivot: 1.3030. Our preference: SHORT positions below 1.303 with targets @ 1.295 1.2915. Alternative scenario: The upside penetration of 1.303 will call for 1.306 1.309. Comment:...
Pivot: 1.238 Our preference: Long positions above 1.238 with targets @ 1.246 1.249 in extension. Alternative scenario: Below 1.238 look for further downside with 1.235 1.231...
Pivot: 101.3 Our preference: Short positions below 101.3 with targets @ 100.1 99.7 in extension. Alternative scenario: Above 101.3 look for further upside with 101.8 102.2...
Pivot: 153.6 Our preference: Short positions below 153.6 with targets @ 152.3 151.9 in extension. Alternative scenario: Above 153.6 look for further upside with 154.05 154.65...
Pivot: 1.515 Our preference: Long positions above 1.515 with targets @ 1.524 1.526 in extension. Alternative scenario: Below 1.515 look for further downside with 1.511 1.507...
Pivot: 93.20 Our preference: SHORT positions below 93.2 with targets @ 90.35 89.65. Alternative scenario: The upside breakout of 93.2 will open the way to 94.2...
June is historically the worst month for the stock market. Judging by the last few hours of trading, June apparently came early. A bigger stock market...