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TECHS: Key Price Signal Summary

MARKET INSIGHT
  • E-Mini S&P futures key resistance at 3668.00. The outlook is bullish however. A break of 3668.00, Nov 9 high would resume the uptrend and open 3699.03, a Fibonacci projection. Price action on Nov 9 is a shooting star candle though and a reversal threat. Watch key support at 3498.25, former bear channel resistance.
  • EURUSD key directional triggers identified. 1.1920, Nov 9 high and 1.1746, Nov 11 low mark the key directional triggers. A break of 1.1920 would open this year's high print of 1.2011. On the downside, 1.1603, Nov 4 low is exposed should 1.1746 give way.
  • Long legged Doji candle in Bund fut. yesterday. Yesterday's price action is a potential reversal signal and if correct, suggests the recent corrective bounce has run its course. Watch support and the intraday bear trigger at 174.45, Nov 16 low. Key resistance for today is 175.29.
  • Elsewhere, watch key support in gold at $1848.8, Sep 28 low and in Brent (F1) at $42.63 and WTI (Z0) at $40.06, the Nov 13 lows.
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Fixed Income Technical AnalysisForeign Exchange Technical AnalysisHomepagemarkets-real-timeCommoditiesEquitiesEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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