The SP500 $SPX continues trading inside the almost perfect channel that has been in place since July highs
So far this is just a reversal off the lower part of the channel. First resistance is around the 200 day moving average, currently at 4260ish. Note the 50/100 day cross very much in "force". Source: TME, Refinitiv
Bitcoin white paper turns 15 as Satoshi Nakamoto’s legacy lives on
“I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party,” Satoshi wrote in an Oct. 31 email in 2008. Bitcoin $BTC Golden Cross formation. Today, there is a Golden cross formation which just took place on $BTC - see chart below. Source: Barchart
Franco-Nevada back on 2018 uptrend support
Franco-Nevada (FNV US) is back on 2018 uptrend support. It's also very close to 122.33 support. Keep an eye. Source : Bloomberg
Nikkei 225 Index testing again support zone
Nikkei 225 Index (NKY) is testing again support zone 30'480-30'680. Keep an eye. Source : Bloomberg
Reckitt Benckiser on major level
Reckitt Benckiser (RKT LN) had a strong reversal yesterday (Hammer candle) on strong volume. The reversal happend on March 2020 uptrend support and the low of the day tested tested major support zone 5400-5500 (rebound zone 7 times since 2015 !!!). Source : Bloomberg
Georg Fischer reached major support
Georg Fischer (GF SW) is now down 35% since March ! Stock just tested major support 45.86, this was July and September 2022 lows. Keep an eye at the close. Source : Bloomberg
Alphabet under pressure after earnings
Alphabet (GOOGL US) is down more than 8% after earnings. Stock is testing support 127.22 (latest swing low). Keep an eye at the closing price. Source : Bloomberg
Dassault Systemes trying to breakout resistance
Dassault Systemes (DSY FP) trying to break resistance 37.29. Recently false breakdown of October uptrend on probably a liquidity grab. Keep an eye. Source : Bloomberg
