Syz the moment

Amazon is down strongly after earnings. Keep an eye on the close today; it mustn't close below 166, as this could open the door for a more complex consolidation. The next major support zone is between 144-151. Source: Bloomberg

The DAX Index is reaching a major swing support zone between 17,626 and 17,834. This level needs to hold; otherwise, the consolidation that started in May could become more complex and last longer. Keep an eye on this development. Source: Bloomberg

Microsoft (MSFT US) is under pressure since yesterday's earnings! It's now entering a major swing support zone between 404.51 and 416.75. Keep an eye on whether this level can hold. Source: Bloomberg

Merck (MRK US) is breaking strong support at 119.23 (confirmation needed at today's close). If that level breaks, the next levels to monitor are the Imbalance zone between 109.24-116.18 and the major support swing zone between 99.14-105.37. Source: Bloomberg

L'Oreal (OR FP) is now entering a major support zone between 372-390. Keep an eye on this critical level over the next few days. Source: Bloomberg

Nestle (NESN SW) has consolidated 33% over the last 30 months! It's now back on a major support zone between 83.37 and 86.91. Keep an eye on the price action over the next few days. Source: Bloomberg

Dassault Systeme (DSY FP) has consolidated 33% since its January breakout! It is now testing a major support zone between 32.23 and 34.20. Keep an eye on this critical level over the next few days. Source: Bloomberg

Walt Disney (DIS US) has consolidated 61% since March 2021 and recently confirmed a change in the bearish trend! The stock is back at very important levels. The 1st support zone at 88-91 is critical to watch, and if it breaks, the next level to keep an eye on is between 78.73 and 84. Source: Bloomberg