Equities webinar with Peter Garnry
Technical analysis

Cramer's Corner: Daily Technical Update

Kim Cramer Larsson
Technical Analyst, Saxo Bank

Summary:  Cramer’s Corner: Daily Technical Update

Kim Cramer Larsson hosts the Daily Technical Update, a daily 8-10 minute video with live charts.
Kim takes you through the latest technical developments in financial markets, covering everything from the major stock indices, widely traded single stocks, commodities, currencies and interest rates

In today’s Technical Update:

  • Was that the correction in US Equities? Indicators suggest higher levels after correction
  • S&P500. Could still perform a correction to 4,300
  • Nasdaq 100 possible correction to 14,500-14,300
  • DAX key support at 15,625. Close above 16K uptrend has resumed. Testing previous all-time high
  • CAC40 support at 7.083 is key. Close below down trend confirmed
  • Gold looks heavy
  • Brent key support at around 71
  • Wheat correction 0.382 Lower?
  • Corn above Neckline
  • EURUSD rejected at 1.10. Likely range bound short-term between 1.08 and 1.10 but uptrend intact. Resistance at 1.11
  • EURJPY above resistance at 157.00. Uptrend very stretched but could continue to 160 Correction should be expected
  • USDJPY above key resistance at 142.25. Uptrend to 146.60
  • EURSEK uptrend very stretched. Support at 11.50 is key. Below downtrend/correction confirmed
  • EURNOK testing rising trendline. Support at 11.40 is key. Below downtrend confirmed

Follow me for more on SaxoTrader platforms, home.saxo and Twitter: Cramers_Corner

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