SPX: S&P500 managed to break past cloud chart resistance at top end of cloud!

SPX: S&P500 managed to break past cloud chart resistance at top end of cloud!

Next key resistance zone : 3075/3100!

SPX need to stay above this top cloud chart resistance level for the rally to remain intact.

NDX-100 Reached the 9444 resistance target! Consolidation risk remain high here!

NDX-100 Reached the 9444 resistance target! Consolidation risk remain high here!

NDX reached the old cloud chart resistance zone of 9444. NDX is not far from the old high of 9736! Consolidation risk remain high at this key resistance zone! It is May by the way, as they say!

Taking some profit off the table here since the strong rally from cloud chart support zone at 6952, a 35% rally!

S&P500 SPX index fighting top cloud resistance zone at 3005!

S&P500 SPX index fighting top cloud resistance zone at 3005!

Need to see a breakout past this level for the rally to maintain upside momentum. Consolidation risk remain high at this key resistance zone!

Xetra Dax: Broke past major resistance zone:11025, Next target: 11828!

Xetra Dax: Broke past major resistance zone:11025 on daily cloud chart. Expect this level to be tested for new support zone! Price is above the daily cloud chart, and that is bullish from a daily cloud chart perspective!

 Next target: 11828 bottom end of the weekly cloud chart! Price action still below the bottom end of the cloud, and that is overall bearish. Bear market rally from a cloud chart perspective!

Bullish on the daily up to the bottom end of the weekly cloud, then I guess it will be "sell in may" again!

S&P500 SPX: Close to top cloud resistance zone! Critical week ahead!

S&P500 SPX: Close to top cloud resistance zone! Critical week ahead!

Need to see a breakout past this cloud chart resistance, if not then expect a consolidation and more downside risk if resistance holds!

NDX-100: Getting closer to top cloud resistance target: 9441!!!

NDX-100: Getting closer to top cloud resistance target: 9441!!!

NDX moving into profit taking zone an old cloud chart resistance zone of 9441! After rebounding from a few down days the NDX rebounded from front cloud support zone: 8935!

NDX is up more than 26% since the buy signal, and up more than 34% since rebounding from an weekly cloud chart support zone!

FTSE100: Managed to rebound from bottom cloud support zone:5730! Upside resistance target: 6224!

FTSE100: Managed to rebound from bottom cloud  support zone: 5730!

Upside resistance target: 6224 at the top end of the cloud, but I am not sure if we will get to that part of the cloud any time soon. Going to be a slow grind!