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:
- Stock of the day: Boeing key support at 176.25
- S&P 500 Top and reversal pattern cancelled. Eyeing 5,300. Uptrend stretched
- Nasdaq 100. Top and reversal still intact. Needs to close above 18,417
- EuroStoxx50 higher stretching uptrend
- DAX uptrend very stretched, key support at 17,620
- AEX25 key support at 837. Gap is key
- CAC40. Trading sideways
- SMI20 rejected at 11,808 resist
- Time 4.39
- EURUSD key strong support at 1.0800 bouncing
- GBPUSD key support at 1.2600. Bounce
- USDJPY lost steam just below 2022 peak at 151.95, expect range bound
- EURJPY retraced 0.382 at 163.39, could drop to 162.17 before rebounding
- AUDJPY hit 100 then top and reversal pattern , bouncing from at 98.20
- EURCHF having another go at 0.9775 resistance
- USDCHF could reach strong resist at 0.9050
- Dollar Index key strong resistance at 104.24
- Time 9.54
- Gold resuming uptrend, key support at 2,146
- Silver retraced to 24.50, uptrend intact potential to 26
- Copper dipped below 400 uptrend intact potential to 420-430
- WTI minor correction, uptrend potential to 85-87
- Brent Crude oil uptrend resistance at 87.35, support at 84.75
- Orange Juice breaking bullish out of corrective pattern
- US 10-year T-yields likely to be range bound 4.20-4.35
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