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SP500 holds above support

The 12-month support trend line kicked in for the S&P500 last session but will be in focus again today with Friday’s trade as US Retail Sales data is released. The US$ was little changed and, thus, so were most FX pairs.

 

Data: Watch to see how US Retail Sales data impacts risk sentiment:

 

Earnings:

 

DXY daily: watch for any new TL b/o:

 

Markets:

S&P500: the 12-month support trend line has held thus far.

S&P500 4hr: watch revised 4hr chart TL for any new b/o:

 

S&P500 weekly: this TL has 3 touches now:

 

ASX-200 4hr: Note the test of the pre-2020 High BUT now watch revised TL for any new b/o:

 

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

 

EUR/USD 4hr: watch revised TL for any new b/o:

 

AUD/USD 4hr: watch 0.77 and revised TL for any new b/o:

 

AUD/JPY 4hr: watch revised TL for any new b/o:

 

NZD/USD 4hr: watch 0.72 and revised TL for any new b/o:

 

GBP/USD 4hr: watch 1.40 and revised TL for any new b/o:

 

USD/JPY 4hr: watch revised TL for any new b/o:

 

GBP/JPY 4hr: watch 154 and revised TL for any new b/o: