Cramer's Corner: Daily Technical Update
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:

  • Nvidia warming up to Earnings tonight. Possible top and reversal pattern
  • S&P 500 uptrend intact despite RSI divergence until close below 4,845
  • Nasdaq 100. Testing support at 17,478
  • Hang Seng Breaking bullish could move to 17K
  • EuroStoxx50 looking at 4,800 but RSI divergence
  • DAX bullish break but still struggling for upside momentum
  • AEX25 higher but stretched expect correction
  • BEL20 above support at 3,609 above and below falling trendline
  • CAC40. Maintaining uptrend but RSI divergence
  • SMI20 testing previous peak resistance. Could cancel top and reversal pattern
  • Time 4.33
  • EURUSD might be stuck range bound
  • GBPUSD range bound 1.2530-1.27 but could resume downtrend
  • USDJPY uptrend, support at 149.75, next 152
  • EURJPY towards 163.30-164.20
  • AUDJPY testing 2022 peak potential to higher levels
  • GBPJPY breaking above resistance around 189
  • AUDUSD above minor at 0.6545. Down trend still intact
  • USDCHF still potential to 0.90
  • Dollar Index above 104.27 no strong resistance until 105.56-105.83
  • Time 8.57
  • Gold rebound could run out of steam but
  • Silver failing to establish uptrend
  • Copper strong bounce but can it hold up
  • WTI rejected at key resistance at 79.77
  • Brent Crude oil still well below its key resistance at 84.75
  • Herny Hub gas forming bottom and reversal pattern
  • Dutch Gas could be forming bottom and reversal pattern
  • US 10-year T-yields range bound 4.20-4.30

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