Total return bond analysis update
Source: Althea Spinozzi, Saxo, Bloomberg
SGS under pressure, on long term swing support
SGS (SGSN SW) is down more than 5% this morning and 43% since January 2022 highs ! Keep an eye at 72.06 support over the next few days. Source : Bloomberg
AstraZeneca still in consolidation mode
AstraZeneca (AZN LN) is still consolidating since April (down 20%) but it's getting close to the tip of the triangle, so keep an eye, could see a move soon ! Source : Bloomberg.
Nestle back on major level
Nestle (NESN VX) has consolidated 25% since July 2022. It's now on 2009 majort support level. Keep an eye at this key level. Source : Bloomberg
Russel 2000 Index always in the 20 months range
Russel 2000 Index (RTY) remains in the range 1640-2020 since 20 months ! It's now approaching the upper band. Will it have enough strenght to breakout ? Source : Bloomberg
Shell on uptrend support
Shell consolidated 12% since October highs. Bullish trend remains strong. Stock is back on July 2021 uptrend. Is it time for a rebound ? Source : Bloomberg
Zurich Insurance breakout ?
Zurich Insurance (ZURN SW) is breaking out the 22 months triangle consolidation. Keep an eye at resistance zone 457-462. Source : Bloomberg
A golden cross on gold (50d MA is trading above 200d MA and both are trending higher)
Source. Bloomberg, Tavi Costa
