Chart of the Day

FTSE is breaking above the long-term upside resistance   FTSE is breaking above 7600. This break is now marking a long-term consolidation as over and an extension upside a great probability. Now only a break back below 7530 could invalidate this long-term upside continuation that could target the 7800-8000 zone. […]

XAGUSD is testing 23.200 again   It is important for XAGUSD to hold 23 support. A break below this support could lead to a deeper pullback into 22.400. We need to see a resolutive bounce from here for the upside continuation targeting 26 and higher. The key level is 22.400

DAX is bouncing from 13900   DAX is holding the 13900 support. We have a bounce at the beginning of the year from the critical support which should be confirmed for an upside continuation. A break below 13900 is now required to invalidate the upside extension, giving us a good

NASDAQ is testing the key support/resistance   NASDAQ is still holding 10.800. We have a little bounce at the beginning of the year from the key support, downside resistance 10800. A break below this resistance could lead to a downside break and an extension lower within the long-term downside channel.

Copper is supported by 3.8000   Copper is consolidating above 3.8000. Extension higher from here could be a trade of the following year along with other commodities such as Silver. Any bounce early next year and a break above 4.000 can boost the extreme upside extension scenario which should target