The S&P500 is now up knocking at the key 4,600 level as a big week of US tech earnings continues. Recall that the 4,600 is the whole-number level ahead of the 200% Fibonacci extension of the Covid swing Low move and there will be lots of people monitoring this for any new make or break. There are a number of other trading instruments still knocking at key S/R levels as well and I hope this doesn’t drag on until next week’s FOMC!

Earnings: another big day of US earnings:

Data:

DXY weekly: knocking at the weekly 200 EMA:

Trend line breakouts:

S&P500 4hr: now up 50 points as the index knocks against the key 4,600 S/R level:

ASX-200 4hr: holding under 7,500 ahead of today’s AUD CPI data:

EUR/USD 4hr: still knocking near the key 1.16 level:

AUD/JPY 4hr: knocking against 86 which is a level that hasn’t been broken, on the weekly time frame, in 3.5 yrs!

GBP/JPY 4hr: knocking up against 158:

Other markets:

Gold 4hr: watch for any new TL b/o:

AUD/USD 4hr: keeps knocking at the 0.74 level:

NZD/USD 4hr: knocking at the 0.72 level:

GBP/USD 4hr: keeps knocking at the 1.38 level:

USD/JPY 4hr: keeps knocking at the 114 level: