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$SPX pulling back from res ~4100
was the Feb swing low + now confluent with bearish TL taken from this year's lower highs
4k support potential, 3912 below that $ES https://t.co/zEgX7bKWUA https://t.co/xdKN6ROT6b
$EURUSD testing breakout to start the week
NFP Friday was a support hold at the 1.0500 psych level
now pushing through the 1.0580 fibo level, same spot that caught the highs in late June https://t.co/hZKFIgZMAh
massive breakout in $Gold
3 month highs but there's res just a bit higher, from around 1819-1824
above that, 1850 is key as that's the 50% mark of this year's sell-off
prior res at 1791-1795 now support potential $GC
1769, 1750 below that
#NFP tomorrow, widening out levels https://t.co/KSqMNZY2yW https://t.co/mtXo7ZtCtJ
$SPX high was set a few days into 2022
since then, price has built into one large wedge.
now testing wedge resistance right around 4100, same spot that set support in Feb just as bears were starting to take control
next res up 4155, 50% marker
support 4050, 4k $ES https://t.co/0fJbzj3DQF https://t.co/SSryPAEDM8
$USD just posted its largest monthly loss in over a decade (since Sept. 2010)
$DXY was off by -5.06% in November
200 dma came in to help set the monthly low, first interaction there for the US dollar since June of 2021 just as the up-trend was getting started https://t.co/fzZT5BDiwf
$SPX from support to res in just a few hours
$ES working on first daily close above > the 200 dma since early April
next resistance at the trend line + prior swing low ~4100
also marks res for a longer-term falling wedge formation - massive spot
PCE tomorrow, #NFP on Fri https://t.co/dgyvFltfjb https://t.co/cYoNU8lFkV
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