Utilities Sector reaching an important level
Utilities sector (XLU US) has reached an important resistance zone (72,50-73,80), with its short-term trend showing bullish momentum against a long-term bearish trend. After rallying more than 30% since October, the question is whether the market can break through this significant resistance. Source : Bloomberg
Siemens looking for support after earnings
Siemens (SIE GY) under a lot of pressure after earnings report. Trend remains bullish. For the moment consolidating after recent new all time high. Support zones to look at are 173,52-175.64 and major 169,70-171,95. Source : Bloomberg
Bitcoin showing strenght but entering resistance zone
Bitcoin (XBTUSD) is approaching resistance zone 66'500-67'300. If it can close above that level, this could be the end of March consolidation. Keep an eye at this key level. Source : Bloomberg
Salesforce showing strenght for the first time since February
Salesforce (CRM US) has consolidated 16% since February highs ! Today it's trading above last swing high. Keep an eye if it closes above 279.70. Source : Bloomberg
Home Depot testing strong support again
Home Depot (HD US) has just tested support zone 330-335 after earnings report. Keep an eye at this important level. Source : Bloomberg
S&P 500 pullback to supply zone
S&P 500 Index broke the swing low on 15th September suggesting a change in trend ! Market has made more than the 50% Fibonacci retracement and is approaching supply zone 5200-5265 !!! Market needs to break 5265 if not risk of pressure will grow. Source : Bloomberg
Uber testing again swing low.
Uber (UBER US) is testing for a second time in less than 7 days swing low support 64.84. Keep an eye at this important level. Source : Bloomberg
Equinix rebounding on support post earnings
Equinix (EQIX US) has consolidated 24% since March swing high ! Stock is rebounding from support zone 677-700. For the moment volume is a bit low. Keep an eye. Source : Bloomberg
