Farmers, Boeing, and tech sectors brace for severe damage as USD threatens to break critical 10-year support amid escalating trade tensions. Technical Breakdown: Crucial USD Zone Under Threat The US Dollar Index (DXY) currently sits precariously within a critical 10-year support and resistance zone between 100 and 98. Historically, this key price area has...
Meta posted an unprecedented 741% rally from $88 to $740 within two years, culminating in early 2025. The exhaustion pattern at 740—coupled with the breakdown of the 694 and 630 support levels—signalled the end of the bull run. The last stand at 564 failed in March, unleashing a steep 15% drop over three trading sessions. Currently sitting near $504, Meta is...
Despite MicroStrategy's latest Bitcoin accumulation and bullish US crypto policy shifts, price action tells a different story that could spell trouble for BTC if key technical levels give way. 📉 MicroStrategy's Struggle: Bullish Accumulation vs Bearish Structure MicroStrategy (MSTR) ended Q1 2025 with a deeply concerning price structure that signals the bulls are...
BTC and the crypto market's second stage to the downside is about to take stage. As of March 29, 2025, the cryptocurrency market is experiencing notable volatility. Bitcoin (BTC) has declined by approximately 2.5% over the past 24 hours, trading around $85,291. This represents a decrease of nearly 9% since January when it peaked above $100,000. The broader...
The 10-year Treasury yield recently failed at the critical resistance level of 4.38%, previously highlighted as a significant pivot. On the daily chart, the yield formation now resembles a potential head-and-shoulders reversal pattern, which would have profound implications if completed. Immediate Supports: Crucial Support lies at 4.30, followed closely by 4.22...
Dow futures reflect weak momentum, retreating after a 50% retracement of the prior 9% decline from 45075 to 40707, facing rejection at 43083. Critical Supports: The immediate focus lies on 42416; failing this Support will accelerate losses to subsequent supports at 42214 and the critical 41882 level. Resistance Levels: Strong overhead resistance at 42546, 42750,...
The S&P 500 futures index has retraced approximately half its previous losses from a steep sell-off that began at 6148. After rejection at 5818, prices now hover precariously above critical Support at 5732. Immediate Support Test: Failure at 5732 would trigger additional bearish pressure toward the next support levels at 5649 and 5566. Bullish Reversal Potential:...
The Nasdaq Futures' brief rebound from the critical 19345 support was decisively rejected at 20458, marking a continuation of bearish sentiment. Current Scenario: Now, testing immediate support at 19857 failure here opens the pathway downward to subsequent supports at 19716 and 19646, ultimately retesting the critical low at 19345. Resistance Levels: Clear...
The Volatility Index (VIX), commonly known as the market's "fear gauge," has reached a critical juncture, testing the pivotal 2-year support/resistance level at 18.80. Following a dramatic 40% decline from its recent high of 29.20 to 17.32, the VIX has established a symmetrical triangle pattern, indicative of an imminent breakout. Major U.S. indices, including...
The US 10-Year Treasury Yield, which dropped as low as 4.16% in February, has staged a modest recovery after finding technical support at that level—a move highlighted in our March 3 analysis. However, yields now face a significant hurdle: a 5-month major resistance zone, sitting just below 4.40%. This area has historically acted as a pivot for medium-term...
The greenback ends Q1 under pressure as soft inflation data, central bank divergence, and rising risk appetite weigh on the long-term outlook. 📉 A Fragile Finish to Q1 for the Dollar As we close out March and head into Q2, the US Dollar Index (DXY) is on track for its worst monthly performance since December 2023, erasing nearly half of its four-month rally. From...
🧭 After a brutal 55% sell-off, Tesla bounces sharply—but reputational damage, six-quarter earnings misses, and resistance at $284 may limit the upside. 📌 Tesla Bounces After 55% Decline, But Can It Last? Tesla shares have staged an impressive 17% rebound over the past two sessions, closing near $282 after briefly dipping below long-term support at $221—a level...
Fundamental and Technical Signals Suggest Potential for Deeper Corrections NVIDIA Corporation (NVDA) is under significant pressure, mirroring the broader bearish sentiment gripping global equity markets. The semiconductor giant's shares have suffered a substantial 23% decline from their January peak at $153.13, illustrating vulnerability amid macroeconomic...
The Dow Jones Industrial Average (DJI) closed at 41985 on Friday, up 0.08%, maintaining its position above critical support at 41330. The index has dropped more than 6% since the start of the pullback from highs of 45073 in January 2025. The long-term bullish price structure that has lasted over two years remains intact; however, a double-top formation at recent...
The Nasdaq 100 has plummeted over 11% from its record high of 22,222. With prices now testing key support at 19,437, the index closed slightly higher at 19,753 (+0.39%) on Friday. However, weakness remains evident, indicating the first stage of a potential major correction. Historically, corrections unfold in four stages as part of a healthy market reset. If...
S&P 500 increased by just 0.08% to close Friday's trade at 5,667 after a four-week decline. It is now down over 7% from February's peak of 6,147. The index has broken its bullish daily structure, signalling the start of a major correction. Critical support at 5,542 must hold to avoid further downside. If support holds, a temporary rebound could reach targets of...
Microsoft (MSFT) faces a challenging outlook after a 16% drop from its July 2024 peak. The long-term bullish structure has broken, with critical support at 380.65 providing temporary relief. Short-term recovery targets include 395.20, 404.40, 418.70, and 427.70. A significant market pullback could drive shares toward 357-348, 333.50-324.50, or even 310.00-300.00,...
Apple (AAPL) has fallen 16% from its all-time high (260.10), testing significant monthly support at 232.50 and 219.86. With a Friday close above 214.96, temporary rebounds to 219.86, 224.40, 229.35, and 232.50 are possible. However, a broader market pullback could send Apple lower to 207, 200, 186, or even 178.