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: