Technical Analysis

Oil broke below the long-term downside resistance 76. This downside breakout is opening the door for a further downside extension to 50. As long as the Oil is below the 78-80 zone, we expect more downside in Q2 and Q3.               The Weekly Oil […]

TSLA is retesting a broken strong downside resistance again. We now see a retest of a previously broken 185 downside resistance (broken twice) within a well-defined downside channel on the monthly chart. As long as the TSLA is below the 185-205 zone, we expect more downside in Q2 and Q3.

  This is a free weekly market overview for this and the coming week. Key points of the support and resistance indicated for forex pairs, indices, commodities, and crypto.     Do you like the video? Register now for one on one mentoring and pay in two or three installments!

It has been six months of the upside without a new low for the NASDAQ. We are seeing on the monthly chart now a well defined rising wedge just beneath the Fibonacci retracement of the latest swing down from October 2021 to October 2022. The key level for an upside

  This is a free weekly market overview for this and the coming week. Key points of the support and resistance indicated for forex pairs, indices, commodities, and crypto.     Do you like the video? Register now for one on one mentoring and pay in two or three installments!