If Natural gas breaks the 2.9 resistance, we might see a run towards the 3,4/3,5 area.
Will we see a double top on the DXY or is everything back to normal? No recession and no stock market crash? The coming months will tell.
VW look like they have reached yet another lokal top during this downtrend, market turmoil ahead
Was this the local top or is there one more pump on the cards, only time will tell...
If this level holds after CPI then 3750/3900 could be one the cards again, bee careful...
Two levels i am watching at the moment, all eyes on Friday...
The DAX will no doubt have a very tough winter with soaring energy prices and longer lasting inflation, STRAP IN FOLKS!
Bitcoin is struggling to hold the 24-25k area, a break of the red trend line should see it hit 21k again in the coming week.
The dollar looks to have held suport well @105, and with markets ever closer to a lokal top the dollar should pick up where it left of.
Oil lost its long standing suport of 92$, as commodities continue to look weak. I expect a retest of the 64$ level within the coming months
Tesla rejected the 940$ level, I expect 750$ followed by some relief before we head towards 650$. In the current macro environment this feels very likely before a potential crash towards 560$ before year end.
Gold looks primed for another leg lower, with CPI around the corner and a strengthening dollar
The S&P 500 is approaching firm resistance and is most likely going to make a new low in the coming months, as ISM numbers worsen and the economy slows down.