Expecting more for upside if BTC and SPX close above the BOS lines 🚀.

🥳@Coach

BTC / SPX / XAU after the CPI data 🤯 @Market

SPX: Possible to go up higher! RSI broke out the descending resistance as well as the SPX market!

Expecting an up rally 🚀 !

@Market

Daily Important Hits (January 19,2023)

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⭐️STOCKS & INDICES

📁 European shares set to snap winning streak on slowdown fears, weak earnings.

📁 U.S. stock indexes opened lower on Thursday as recession worries resurfaced, while shares of Procter & Gamble fell as it warned of cost pressures.

📁 European shares suffer worst selloff of the year on recession fears.

📁 FPI selling in Indian equities hits over 3-mth highs on rich valuations, China reopen.

📁 Private equity capital funding slips in 2022 -S&P Global.

📁 Genius Group unveils plan to battle stock manipulation, shares rally over 200%.

📁 Playtika Announces Premium, All Cash Proposal To Acquire Rovio Entertainment For EUR 9.05 Per Share.

____________________

⭐️FOREX

📁 Russia's central bank says yuan accounted for 37% of all forex trade in December.

📁 Turkish cenbank's net FX reserves rise to $24.89 bln.

📁 Lebanese pound sinks to record low of 50,000 pounds to U.S dollar.

📁 Indonesia c.bank hikes interest rates by 25 bps as expected.

📁 World Bank says Common Framework debt talks still challenging - van Trotsenburg.

@Market

BTC 💰 : The current consolidation runs in a horizontal channel where the lower time frame market BIAS is sideways.

The bulls should close above the channel resistance with a good volume though the previous swing high of the major wave too coincides with it.

In case BTC close below the channel support we can expect the drop toward the broken descending support which wasn't retested yet.

🥳@Coach

Daily Important Hits (January 20,2023)

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⭐️ STOCKS & INDICES

💠 Credit rating firm S&P Global said on Friday it expected the United States Congress to avoid a major debt crunch by either raising or suspending the country's so-called debt ceiling.

💠 Wall Street's main indexes opened higher on Friday with the Nasdaq spearheading gains after Netflix kicked off the earnings season for the growth sector on a positive note, even as worries about a recession kept investors on edge.

💠A new antitrust ruling in India threatens Google’s Android business model.

💠Northern Trust has reported its most recent quarterly earnings to have missed on estimates.

💠Production at Stellantis' (STLA )Atessa van making plant will be halted next week due to a parts shortage, unions said on Friday.

💠Intel CEO: new chip plant decision by year-end, not sure to be in Italy - press.

💠Sweden's Ericsson (ERIC_A) on Friday reported fourth-quarter core earnings that missed expectations for the third quarter in a row, as sales of 5G equipment slowed in high-margin markets such as the United States.

💠CEO David Michery Just Received 33.87 Million Shares of MULN Stock.

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⭐️FOREX

💠Dollar climbs against yen as BOJ affirms ultra-easy policy.

💠China reopening will add to global inflationary pressures, ECB's Lagarde says.

💠Swedish c.bank's Breman says inflation still far too high.

💠Davos 2023-IMF's Georgieva says outlook less bad than feared a few months ago.

💠Malaysia's December CPI rises 3.8%, less than forecast.


@Market

Weekly Closing prices

⭐️SPX500 : 3970.60$

⭐️XAUUSD : 1926.01$

⭐️DXY : 101.6009$


⭐️Top forex liquid Pairs

🟢EURUSD : 1.08565$
🟢USDJPY : 128.585$
🟢GBPUSD : 1.23969$
🟢AUDUSD : 0.69690$
🟢USDCAD : 1.33796$

⭐️Stocks

🔵AAPL : 137.87$
🔵MSFT : 240.22$
🔵AMZN : 97.25$
🔵TSLA : 133.42$
🔵OR37 : 307.70$


@Market

SPX500 :
fakeout: done
breakout: Incoming 🚀.

@Market