✔️ $JNJ (Johnson & Johnson) broke the triple bottom pattern and rejected from the resistance 1 which is a strong resistance level in higher time frames.

✔️ It has broken a rising wedge and currently forming an another rising wedge, if the up trend breaks by the current rising wedge to downside, the next possible buy zone lies at around $165 - $169. (Golden Zone and the support level 1)

✔️ If the market breaks the support zone 1, we can expect more to the downside as well.

😱 @Market

Daily Important Hits (August 09,2023)
____

✅STOCKS ✅INDICES ✅FOREX
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🌍 TSX futures climb as metal prices rebound on bets of China stimulus.
🌍 European stocks outperform as Italy soothes bank tax nerves.
🌍 Futures rise after selloff, all eyes on CPI data.
🌍 Dollar eases as China deflation lures investors into risk assets.
🌍 Rouble hits over 16-month low under FX demand pressure.
🌍 COMMENT-Shake out of the NOK bull run could deliver value.
🌍 Gold steadies on weaker dollar before US inflation print.
🌍 FX gains as dollar slips; China stocks drop on deflation.
🌍 Forint leading gainer as inflation developments watched.
🌍 China stocks fall as economy slips into deflation.
🌍 Asian currencies, stocks edge higher despite weak China inflation.
🌍 SGX iron ore holds above $100/mt, Dalian benchmark muted.

😱@Market

✔️ $NFLX (Netflix, Inc.) price is currently going upward inside a rising channel in the higher time frames.

✔️ Currently it shows bit of a downtrend, and the downtrend is possible to continue until the support of the the rising channel or the mentioned golden zone if the market loose the current support level. Golden zone is an ideal buy zone as the market possible to reverse from there.

✔️ However, if the market lose the golden zone, we can expect more to the downside.

😱 @Market

Who wants more setups? Show some love guys....

😱 @Market

✔️ $PG (Procter & Gamble Company) is currently forming a rising wedge and trying to break the descending trendline. If the market breaks both the resistances (Rising wedge and descending trendline). We can expect more to the upside.

✔️ If the market breaks the support level of the rising wedge, the price can possible to hit the level of $144 - $140. If the market lose this level we can expect more to the downside.

😱 @Market

Daily Important Hits (August 10,2023)
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✅STOCKS ✅INDICES ✅FOREX
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🌍 Luxury sector lifts Europe as markets set for U.S. CPI test.
🌍 Dollar weakens ahead of CPI, energy costs back on the agenda.
🌍 Rouble weakens again after temporary pause on c.bank interventions.
🌍 Financials, consumer stocks drag Indian shares after RBI policy decision.
🌍 Dollar softens ahead of CPI, energy costs another focus.
🌍 Stingy UK bank saving rates may become a non-issue.
🌍 South African rand gains over 1% on dollar weakness, strong local data.
🌍 Futures rise on China stimulus hopes; US inflation data in focus.
🌍 Swedish real state rises ahead of US CPI data.
🌍 US consumer prices rise moderately in July.
🌍 Wall Street futures higher, dollar down after US CPI.
🌍 Dollar drops after US inflation data, jobless claims.

😱@Market

Trying to give you the best, a huge setup incoming?.... 👀

Can I see some ❤️?

😱 @Market

✔️ $PEP (Pepsico, Inc) is forming a rising wedge in monthly chart as usual. As I have circled(in green colour) in the chart $PEP could possible to follow the same pattern i.e break the support and reverse the market from the golden zone.

✔️ The price can possible to reverse from the golden zone even though the market breaks the support and follow the same trend it followed for ages.

✔️ If the market loses the golden zone further dump can possible to expect.

😱 @Market

Daily Important Hits (August 11,2023)
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✅STOCKS ✅INDICES ✅FOREX
____

🌍 In front of further slowdown risk Europe can be safer ground -Bernstein.
🌍 U.S. stock futures plop after PPI.
🌍 Futures extend losses after July PPI data.
🌍 European stocks fall on U.S. inflation uncertainty, China worries.
🌍 TSX futures flat on caution ahead of US producer prices data.
🌍 Dollar set for fourth week of gains, climbs back towards 145 yen.
🌍 COMMENT-Little to alter the path of emerging market currencies next week.
🌍 COMMENT-Potential short-term relief for the Swedish crown.
🌍 Stocks hit one-month low; cenbank intervention fails to boost rouble.
🌍 UK stocks tumble as surprise GDP growth fans BoE rate hike concerns.
🌍 Forint gains fizzle out as dollar boost fades.
🌍 Iron ore surged, but could retest $100/mt support levels.

😱@Market

✔️ GME (GameStop Corporation) is forming a descending triangle in higher time and currently has rejected from the resistance and shows a downward trend. It can possible to up from the support, if not it can go deeper breaking the support trendline.

✔️ The uptrend will be continued if the market breaks the resistance and it could possible to go up until the golden zone.

😱 @Market

✔️ $RGTI (Rigetti Computing, Inc) has broke the inverse head and shoulder pattern and currently retesting at the descending trendline. As a short term target market possible to achieve $4 - $6 level if this uptrend continued.

✔️ Below the trendline there is another golden zone(Golden zone 2) lie in the market so, possible to reverse the market from there as well.

✔️ If the market lose the golden zone 2 we can expect the market more to the downside.

😱 @Market

✔️ $TSAT (Telesat Corporation) gave a double breakout breaking the descending trendline and also the trendline 2. However the market is currently at the golden zone, so possible to reverse from there.

✔️ The next ideal buy zone is at $10 (Trendline 2 support).

✔️ If the market loses the both supports it is possible to go down until the golden zone 2. Keep an eye on the support levels.

😱 @Market

Want more setups? 👀

😱 @Market

Weekly Closing prices

🏆SPX500 : 4467.90$

🏆XAUUSD : 1913.78$

🏆DXY : 102.4879$


✅Top forex liquid Pairs

🔵EURUSD : 1.09475$
🔵USDJPY : 144.962$
🔵GBPUSD : 1.26943$
🔵AUDUSD : 0.64947$
🔵USDCAD : 1.34475$

✅Stocks

🟢AAPL : 177.79$
🟢MSFT : 321.01$
🟢AMZN : 138.41$
🟢TSLA : 242.65$
🟢OR37 : 357.50$

😱@Market

✔️ $IZM(ICZOOM Group Inc) broke the rising wedge to uptrend.
However if the market rejects from the current resistance level the next reverse zone lies at $5.34 - $6.30.

✔️ If the market lose the golden zone, we can expect possible downtrend of the marker.

✔️ Keep an eye on this level as rising wedge mostly known as a fake out pattern for uptrend.

😱 @Market