The S&P 500 index dropped 2.9% over the week
That marked the third straight negative week and worst weekly performance since March. Is the Head & Shoulders pattern in the S&P 500 playing out? Source: barchart
Deere is back on March 2020 uptrend support
Deere (DE US) is back again on March 2020 uptrend support. Are we going to see a rebound once again ? Source : Bloomberg
S&P 500 Index back on major support 4'325
S&P 500 Index (SPX) is back once again on major support 4'325. Keep an eye on this important level. Next support at 4'195. Source : Bloomberg
Dollar Index reaching major resistance
Dollar Index (DXY) is reaching major resistance zone 105.60-105.90. Will it have enough strenght to break that level ? Source : Bloomberg
Nestle breakout ?
Nestle is trading over May downtrend resistance. Is the consolidation over ? Source : Bloomberg
Gold breakout just before FOMC meeting ?
Gold (XAU) is showing signs of breakout of May downtrend. Keep an eye on it as FOMC meeting should confirm or not the breakout. Source : Bloomberg
Energy Index breakout ?
Energy Index (SEUENRS Index) is trading over major resistance 1631. It's the first time since 2008 that it's trading over that level. Source : Bloomberg
Nikkei 225 Index breakout ?
Nikkei 225 Index (NKY Index) traded today for the first time above the June consolidation resistance. This is a continuation trend pattern. Source : Bloomberg
