Yes, the S&P 500 chart ($SPX) "looks" terrible (Head & Shoulders, trading below 50d and 100d MA, etc.) but it also looked ugly during September 2021 and had a last leg up in the 4 months that followed
Source: Nautilus Research
ABB is back on strong support zone
ABB (ABBN SW) is back on major support zone 31.65-32.05. This level was the May breakout. Source : Bloomberg
Ethereum back on June 2022 trend support
Ethereum (XETUSD) is back on June 2022 trend support. Keep an eye on the is level. Source : Bllomberg
Dax Index breaking support ?
Dax Index is under pressure this morning. Trading below support zone 15'466-15'528. This is an important level, keep a close eye on it. Source : Bloomberg
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
