Bitcoin strong move just over major support
Bitcoin (XBTUSD) is moving strongly to the upside after recently testing major support zone 24'650-25'250. Source : Bloomberg
Honeywell back on support level
Honeywell (HON US) is retesting support zone 184-186. If that level doesn't hold, next support will be 178 and major one 167-170. Source : Bloomberg
NASDAQ's bearish cross. The 21 day has now crossed the 50 day moving average.
NASDAQ futures putting in the biggest down candle in a long time and it looks like we have a new short term trend channel to watch. Source: TME
S&P 500 Head & Shoulders ???
S&P 500 (SPX) was unable to breakout yesterday the July downtrend. Now there is a potential Head & Shoulders reversal pattern (one of the most reliable patterns). Keep an eye on the neckline at 4325 for a confirmation of the H&S. Source : Bloomberg
Merck trying to breakout ?
Merck (MRK US) is testing resistance. Will it be able to breakout triangle pattern ? Source : Bloomberg
McDonald on major support
McDonald (MCD US) is testing for the second time the April breakout level. Keep an eye on this zone 279-282. Source : Bloomberg
S&P 500 now what ?
S&P 500 index (SPX) rebounded just over support 4'325 a few days ago. Now it's retesting July downtrend resistance and June highs. Keep an eye at that resistance zone 4'448-4'458. Source : Bloomberg
TotalEnergies tested again high end of triangle
TotalEnergies (TTE FP) reversed yesterday on the high end of the triangle. Will it have enough strength to breakout or is it on it's way to retest the lower band ? Source : Bloomberg
