Candlestick pattern- Shooting Star
Major resistance- 2820 (triple top)
S&P500 has declined slightly after hitting high of 2813 on Monday. The index was trading higher for past two months and jumped nearly 20% on account of US-China trade talk optimism. But slight decline after Trump and Kim summit cut short. Markets eye US GDP data to be released today for further direction. It is currently trading around 2786.
On the higher side, the index has formed triple top around 2820 and any break above targets 2860/2900/2940. Any break above 2940 confirms bullish continuation.
The near term major support is around 2748 (200- day MA) and any break below will drag the index to next level till 2702 (23.6% fib)/2684 (300- day EMA).
It is good to sell on rallies around 2795-2800 with SL around 2825 for the TP of 2705.


Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



