Friday, 30 September 2022

FTSE100 On its way to test 6788 support zone! FTSE10 down more than 8% since the last long-term sell signal! TruKwartus caused a LizKwasi!

 FTSE100 On its way to test 6788 support zone! FTSE100 down more than 8% since the last long-term sell signal! TruKwartus caused a LizKwasi!

Price action below the cloud and that remains bearish. If support comes in at around the 6788 zones then the swing trade upside potential is 7000 resistance zone, and the bottom end of the cloud at 7125/7204 and 7292!


TruKwartus caused a LizKwasi!


US Dollar Index: Hitting P&F chart targets 109/111/112, as the rally keeps going! Next upside targets 117/120 & 122!

 US Dollar Index: Hitting P&F chart targets 109/111/112, as the rally keeps going! Next upside targets 117/120  & 122!









P&F trend line are key support levels for consolidation rebounds!


FTSE100 Hitting 6900 P&F chart target! FTSE100 down more than 8% since the P&F chart sell signal!

 FTSE100 Hitting 6900 P&F chart target! FTSE100 down more than 8% since the P&F chart sell signal!









Downside risk to the trend line support zone of 6750. Looking out for a P&F chart reversal to the upside to signal the end of the current trend. Downside risk towards next key targets of 6550/6350! Rebound potential in and around targets for a technical retracement!



Xetra Dax Index Hit the 12200/12100 & 11900 P&F chart targets! Downside risk towards trend line zones of 11500/11200!

 Xetra Dax Index Hit the 12200/12100 and 11900 P&F chart targets! Downside risk towards trend line zones of 11800 to 11500/11200!

GDAXI down more than 1500 points since the most recent P&F chart reversal sell signal! Index remains in a downtrend channel as indicated by the P&F chart trend lines! 


Very close to the 11800 P&F chart target. Looking out for a potential technical rebound in and around these P&F chart targets. A key P&F chart reversal to the upside will signal the end of the current trend.




Thursday, 29 September 2022

Nasdaq Composite Index Hitting 10800/10700 P&F chart targets zones! Downside risk towards 10100/8600!

 Nasdaq Composite Index (IXIC) Hitting 10800/10700 P&F chart targets zones! Downside risk towards 10100/8600!

10100 level is a key potential support zone that can still be tested! P&F trend line still remain bearish, with the IXIC down more than 17% since the P&F trend line resistance sell signal!




 






Looking out for a P&F chart reversal to the upside to signal the end of the current trend! 

Dow Jones Index hit the 29500/29250/29000 P&F chart targets. DJI fighting hard for support after hitting targets! Looking out for a P&F chart reversal to the upside to signal the end of the trend.

 Dow Jones Index hit the 29500/29250/29000 P&F chart targets. DJI fighting hard for support after hitting targets! Looking out for a P&F chart reversal to the upside to signal the end of the trend. If a reversal takes place then the upside target will be around the next P&F chart resistance level of 31250!


If support fails here the next downside P&F chart targets are 28250/27250 with downside risk towards 25750/24000! 

Wednesday, 28 September 2022

Light Crude CLc1 Down more than 25% since the cloud chart sell signal! On its way to test support at 73.9/70.82!

 Light Crude CLc1 Down more than 25% since the most recent cloud chart sell signal! On its way to test support at 73.9/70.82 old cloud chart support zones of January 2022!

Crude is down more than 35% since the initial sell signal above the cloud!










Chart data source: Eikon and MetaStock: https://www.metastock.com/alphaharvest3for1