EURUSD: On its way to 1.1216 old cloud chart support zone!

EURUSD: On its way to 1.1216 old cloud chart support zone on weekly cloud chart.

Price action is below the cloud, and this is overall bearish for the Euro.

DJI: Dow Jones index now fighting cloud chart resistance!

DJI: Dow Jones rebounded from old cloud support levels around the 2463 zone. Then the index rallied back up to the bottom end cloud chart resistance zone.

Now the index is fighting cloud chart resistance! Need to see a breakout past this cloud chart level at top end of the cloud!

We have had a great little 1500 point short-term swing trade back up to the cloud, now need to see the next move higher here for a breakout past cloud chart resistance!

Brent Crude: Downside risk to $66, old cloud chart support zone!

Brent Crude: Downside risk to $66, old cloud chart support zone!

Brent crude is fighting hard to regain support at the top end of the weekly cloud level of $72! Potential rebound zone the cloud chart level!

On the daily chart Brent lost support at top end cloud chart support zone, and now trading below the cloud. Price action below the cloud chart level is bearish. There is downside risk to old cloud support level of $66!

When support comes in between 66/71, there is a swing trade possible back up to the bottom end cloud resistance zone!

GBPUSD: Fighting for support at cloud chart level!

GBPUSD: Fighting for support at cloud chart level at bottom end of the cloud: 1.2979!

After rebounding from and old low support level of 1.2703 we now fighting for support at bottom end of the cloud.

On the weekly chart there is a major support zone at 1.2815! Price action is below the cloud , and this is bearish overall. But there is the medium term trade for a rally back up to the bottom of the cloud chart resistance zone!

We back above the top end of the 4 hour cloud chart. This is good news if you long GBPUSD.
Top end of the cloud on 4H is key rebound zones in the new uptrend on a 4H chart.

Key levels to watch on GBPUSD 4 hour chart are 1.29/1.2942 cloud chart support zones! Can see support come in here, and the a move higher.

S&P500 Index: Rebounded from weekly cloud chart support level!

S&P500 Index: Rebounded from weekly cloud chart support level at 2612! Closed the week above the cloud, and that's bullish! Bottom of the cloud remain a key support zone!

Bullish trend still in place on weekly cloud chart since price action is above the cloud!

Risks remain since we have had a MACD sell signal above the cloud as well, and that remain a concern. But I am bullish on the rebound into the year end from the top of the weekly cloud chart level.

On the daily cloud chart there is upside potential up to the bottom end of the cloud chart resistance zone!

The S&P500 did manage to rebound from old support levels at 2612 zone! So far so good. Expect a rally into the year end!

Xetra Dax 30 Index: Rebounded from old support zone! But downside risks remain high!

Xetra Dax 30 Index: Rebounded from old support zone at 11280! But downside risks remain high for price action is below the cloud and that's bearish!

Short-term swing trade from support to bottom end cloud chart resistance zones!

Looking for resistance to come in at 11731/11846!

On the 60 min chart, the top and bottom levels of the cloud are key levels for the index to rebound as its grinding higher towards the bottom end cloud chart resistance zone of the daily chart!

FTSE100: Rebounded from old support zone! But risks remain!

FTSE100: Rebounded from old support zone at 6778! But risks remain for price action is below the cloud and that's bearish.
Short-term upside potential to the bottom end of the cloud chart resistance: 7259/7328 zones!

Price action is above the 60 min cloud chart level, and that's bullish short-term.
Top end of the cloud is a key support zone for price to rebound. 4
Slow grind higher to bottom end of daily chart resistance zone!