Nikkei 225 Index broke swing support
Nikkei 225 Index (NKY) closed below swing support 38'876. This is the first sign of a trend change. Keep an eye over the next few days at this level. Source : Bloomberg
Chainlink always bullish trend
Chainlink (XLIUSD) always in a bullish trend. Last week consolidation hit a low at 16.84 intraday and a very strong candel reversal with a close above the strong support 17.60. This is good news for the trend. Today up 15%, trying to break all time high 21.709. Keep an eye at that level. Source : Bloomberg
US 30 year yield on support zone
US 30 year yield (USGG30YR) has just reached it's demand zone 4.0623 - 4.2000. Keep an eye at this level. Source : Bloomberg
Gold confirmed long term bullish trend and now what ?
Gold (XAU) confirmed the weekly bullish trend with a close last week above 2075. Long term new swing low is now 1615. Is it time for the big rallye or shall we see a consolidation from here ? Source : Bloomberg
Apple in the support zone
Apple (AAPL US) has now reached the support zone 165.67-171, after a 15% consolidation since December. Do you think support will hold ? Source : Bloomberg
Taiwan Semiconductor Manufacturing breakout ?
Taiwan Semiconductor Manufacturing (TSM US) is approaching 142.195 resistance. Last time it reached this level it was in January 2022 creating a double top and sending the stock down 58% in only 9 months !!! Is this time different ? Keep an eye on this key level. Source : Bloomberg.
Gold (XAU) is trying to break resistance
Gold (XAU) is breaking resistance 2062. This would end December consolidation. Keep an eye at the closing price. Source : Bloomberg
Crude Oil WTI trying to break key level
Crude Oil is on key resistance level 79.71 ! Since December it has tried several times to break but this time the trend is to the upside. Keep an eye. Source : Bloomberg
