✔️ $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)
____

✅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
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🌍 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

✔️ $DIS (Walt Disney Company) is currently forming a falling wedge in higher time frame. However, it has rejected from the resistance and show a downtrend movement.

✔️ There are two strong support lines push the market upward and can see bulls have power than bears at this support levels. So there is a potential to push the market from the support if the current downtrend continues until the support level.

✔️ Keep an eye on the support level and the falling wedge resistance. Both are ideal buy zones for the buyers and target is possible to hit the golden zone.

😱 @Market

Weekly Performances of US Stock Market

🔵Technology services

1.GOOGL : +0.22%
2.ADBE : -3.47%
3.META : -4.23%
4.ORCL : -1.98%
5.CRM : -3.56%

🔵Finance

1. BRK.B : +1.23%
2. JPM : -1.25%
3. BAC : -0.22%
4. MS : -1.85%
5. WFC : -3.04%

🔵Electronic Technology

1. AAPL : -4.17%
2. NVDA : -9.18%
3. AVGO : -6.24%
4. AMD : -6.04%
5. TXN : -2.00%

🔵Health Technology

1. JNJ : +2.06%
2. LLY : +17.59%
3. ABBV : +2.15%
4. MKR : +1.70%
5. PFE : +3.12%

🔵Retail Trade

1. AMZN : -1.88%
2. WMT : +0.90%
3. HD : +0.90%
4. COST : +0.34%
5. CVS : +0.90%

🔵Energy Minerals

1. XOM : +3.58%
2. CVX : +2.17%
3. COP : +1.67%
4. EOG : -1.98%
5. MPC : +9.08%

😱@Market

✔️ $AMGN (Amgen Inc) is currently forming a rising channel and market broke the two descending trendlines (Trendline 1 and Trendline). So this upward movement possible to continue until rising channel's resistance.

✔️ If the market continues the downtrend next ideal buy zone lies at $220 - $231 where the golden zone lies on.

✔️ If the market lose the golden zone and the rising channel's support it will go more to the downside.

😱 @Market

✔️ $LUNA (Luna Innovation Incorporated) is currently forming ascending triangle and now has rejected from its resistance and the price is currently at the support level and the golden zone. There is a possibility to reverse the market from here but carefully keep an eye on this level.If the market breaks the support and the golden zone there is a possibility to price go deeper.

😱 @Market

Weekly Opening prices

✅SPX500 : 4470.66$

✅XAUUSD : 1913.934$

✅DXY : 102.851$


🏆Top forex liquid Pairs

🔵EURUSD : 1.09522$
🔵USDJPY : 144.904$
🔵GBPUSD : 1.26900$
🔵AUDUSD : 0.64936$
🔵USDCAD : 1.34317$

🏆Stocks

🟢AAPL : 177.34$
🟢MSFT : 320.30$
🟢AMZN : 137.40$
🟢TSLA : 241.79$
🟢OR37 : 358.50$

😱@Market

✔️ $MU (Micron Technology, Inc) is currently forming a rising wedge. Market is going upward but showing a bear movements as you can see the liquidity sweep as well.

✔️ If the market breaks the support level the next ideal buy zone lies at $57 - $60.

✔️ Market is also possible go upward until the golden zone 2 and then reverse to the downside.

😱 @Market

Daily Important Hits (August 14,2023)
____

✅STOCKS ✅INDICES ✅FOREX
____

🌍 Dollar hits more than one-month high on China fears, rising yields.
🌍 Wall Street eyes muted open as investors await retailer earnings, data.
🌍 China property fears hurt shares, dollar climbs.
🌍 COMMENT-USD to climb versus yen, despite intervention worries.
🌍 Gold drops to five-week low as firm dollar, yields weigh.
🌍 Currency markets steady after yen breaches 2023 low.
🌍 Zloty steadies as data confirms inflation decline in Poland.
🌍 Bonds bruised, China stocks and rouble sink.
🌍 Russian rouble falls past 100 vs dollar; China woes linger.
🌍 China and Hong Kong shares fall on weak credit data.
🌍 Yen drifts after breaching 2023 low, dollar hits one-month high.
🌍 Iron ore subdued; SGX hovers marginally above $100/mt support levels.

😱@Market