Here's an index that represents the median stock closing last week at the lowest levels in a year
Source: J-C Parets
Gold approaching short term May downtrend resistance
Gold (XAU) recent rebound confirms that the bullish trend remains in place. Keep an eye at May short term downtrend resistance. Source : Bloomberg
LVMH desperately trying to find support
LVMH (MC FP) is now dropping 25% since April high. Stock is trying to find some support for a technical rebound in this bearish trend. Keep an eye at 670 support. If broken next support is 654. Source : Bloomberg
Shanghai Shenzhen Index back on 2005 uptrend support
Shanghai Shenzhen Index (CSI 300) is testing 2005 uptrend support. This is the 5th time it happens. Keep an eye on this key level.
Equal Weighted S&P 500 is currently trading under its 200 Day moving average by 4.2%, the most this year
Source: Barchart
Gold reaching key support level
Gold (XAU) is reaching key support level 1808. Keep an eye. Source : Bloomberg
ASML still holding major support 545
ASML (ASML FP) is holding support 545 since more than two weeks. This level is very important, keep an eye on it. Source : Bloomberg
Lindt & Spruengli testing June 2022 trendline support
Lindt & Spruengli (LISP SW) is back on June 2022 trendline support. Keep an eye on it. Source : Bloomberg
