【China】 🔸 Chinese Stocks Surge on Return from Holidays as Euphoria Extends. Chinese stocks listed onshore jumped as trading resumed following a week-long holiday, with encouraging home sales and consumption data giving fresh impetus to a rally sparked by Beijing’s stimulus blitz. The benchmark CSI 300 Index and SSEC Index climbed almost 11% in early trading before paring its advance. The measure h...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(DEC4) (ESmain.US)$(4 Hour Chart) -[BULLISH↗ *]View unchanged as technical elements still intact. We maintain our bullish directional bias for now, expecting price to pause above 5700 support before shaping a push higher towards 5945 resistance. Technical indicators are advocating for a bullish scenario as well. Alternatively: A 4 hour can...
Stocks to Watch Qualcomm Inc (QCOM US)$Qualcomm (QCOM.US)$ Daily Chart -[BULLISH ↗ **] QCOM bounced above major swing low support at 155.70. As long as 164.95 is support, a further push higher towards resistance at 180.95 then next resistance at 199.85 is expected. Price is holding above short term 13 period EMA and MACD is showing a build up of bullish momentum. Alternatively: A daily candlestick closing below 164.95 support will open a further drop towa...
$ASML Holding (ASML.US)$ is a leading supplier of lithography systems used in semiconductor manufacturing, holding a significant position in the semiconductor industry. ASML will announce its financial data for the second quarter of 2024 on July 17, Eastern Time. Although its stock price has performed strongly since the end of 2022, with an increase of 52%, factors such as insufficient performance grow...
🔸 Chinese Stocks Surge on Return from Holidays as Euphoria Extends. Chinese stocks listed onshore jumped as trading resumed following a week-long holiday, with encouraging home sales and consumption data giving fresh impetus to a rally sparked by Beijing’s stimulus blitz. The benchmark CSI 300 Index and SSEC Index climbed almost 11% in early trading before paring its advance. The measure h...
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ (4 Hour Chart) -[BULLISH↗ *]View unchanged as technical elements still intact. We maintain our bullish directional bias for now, expecting price to pause above 5700 support before shaping a push higher towards 5945 resistance. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A 4 hour can...
Qualcomm Inc (QCOM US) $Qualcomm (QCOM.US)$
Daily Chart -[BULLISH ↗ **] QCOM bounced above major swing low support at 155.70. As long as 164.95 is support, a further push higher towards resistance at 180.95 then next resistance at 199.85 is expected. Price is holding above short term 13 period EMA and MACD is showing a build up of bullish momentum.
Alternatively: A daily candlestick closing below 164.95 support will open a further drop towa...
No comment yet