Palantir Technologies Inc. – PLTR Daily
Resistance waiting at 187.30 – if taken out road would be open to 220.00 and even 250.00 afterwards.
Palantir Price Targets Raised: UBS raised Palantir (PLTR) price target to $250 from $220
And I called for it back in August when Palantir broke up in clasicall Bear Trap formation and left Bears licking their wounds…

EURUSD Daily
After desperatly trying to overcome and failing at 1.15000 today, EURUSD will go for 1.14500 and once takes it out road would be open for Major Support at 1.13950.
Personally I would like a break of it, as it would open a whole new (Old) space all the way till 1.06750 – more realistical level for EURUSD …

BTCUSD started the week on the right foot, advancing 📈to 85,264, its highest level since January. With bulls breaking out of a month-long range, buying appetite could remain intact as the golden cross between the 50- and 200-day SMAs signals a positive trend continuation. However, a key hurdle near 83,910 is under examination, and a successful breakout is needed to fuel the rally further.

US Market Wrap: Stocks mixed on quad witching while Yen falls post-BoJ
Stocks mixed on quad witching while Yen falls post-BoJ
SNAPSHOT: Equities mixed, Treasuries down, Crude down, Dollar flat, Gold up

Market Update: Indices
US500: 2nd time this week US500 paused above a round number, this time above 7600, which needs to hold to keep the current bid.
NAS100: Keeps its bid while above 29K, stronger if 29359 holds as support but thoughts of 30K and upside limited unless 28748 (on this CFD chart) is taken out.

XAUUSD 1 HOUR: Why our levels matter (high 4400 => low 4342)
Extending high but so far pausing around 4400 and just below 4402 resistance. Why is 4400 important?
It was a break of a 7-day pivot around this level that led to the last leg down. It is also the obstacle to 4443, above which would produce an outside week and open the door back to 4500. If not, then needs to hold 4335-50 to keep a bid on dips.

USDJPY 1 HOUR: Did the BoJ defend 158?
USDJPY moving through 157.52 = 61.8% has put 158 on the radar, a level the BoJ may look to covertly defend given the void of key levels until 160+ on the upside.
BoJ conducted a “rate check” with market participants late Friday, signaling potential preparation for currency intervention, reports Nikkei

Actually I was inspired to bring attention to Jakab’s piece by this other piece on CNBC By Tobias Burns:
Hyperscaler debt signals warning sign, Apollo cautions
Credit default swaps for companies building data centers are getting pricier, and it’s not because banks are hedging more of their bets.
US500 4 HOUR: Don’t fight the Fed?
With bulls trying to regain control following the bounce from above 7500, this caught my attention CNBC’s Jim Cramer said the universe of stocks to buy is narrowing following the Federal Reserve’s interest rate hike. “If you buy stocks here, you’re now officially fighting the Fed,” the “Mad Money” host said.
Only time will tell whether this proves to be true. In the meantime, US500 would need to take out 7680-87 to build momentum (HOD 7673) and see 7700 back in play

US PRE-MARKET MOVERS: TXN, ONON/NKE, NUE, STLD, NFLX, XENE
ES -0.1% NQ +0.1% RTY -0.4%

© 2024 Global View
