[Belgrade Bobby]

Dell Technologies Inc. Stocks – DELL

Dell renewed its bullish mojo and is going for 164.20

On the bigger picture real target is waiting at 179.70 The all time high

It looks to me that it is not going to be all that we’ll see from Dell…

Supports: 149.30, 146.35 & 142.10

[GVI Forex 2]

BTCUSD (BITCOIN): Not immune from profit-tasking

• You either need a high risk tolerance or deep pockets to trade cryptos.
• Latest momentum broken by profit-taking but BTCUSD retreat from its record high would need to move below 120000 to suggest a more serious squeeze on longs.

BTCUSD 4 HOUR CHART

 

[GVI Forex 2]

Newsquawk Market Wrap

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[GVI Forex 2]

Newsquawk Stock Market Wrap

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[GVI Forex 2]

NAS100 War not over

• Battle for 25000 swinging against the bulls after a retreat from a new record high and an outside day.
• The war, however, is not over and dependent on 24719 holding to contain the downside.In any case, assume high is in and consolidating for now unless/until the new record high is taken out.

NAS100 4 HOUR CHART

[GVI Forex 2]

US500 (SP500): Shaken but damage not fatal

• Can’t ignore an outside day after a retreat from a (marginal) new record high (6757)
• However, a more serious retracement would need to see  6693 broken
• Otherwise, assume the record high is in (6757) and at least consolidation unless/until it is broken.

US500 4 HOUR CHART

[GVI Forex 2]

Newsquawk US FX Wrap

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[GVI Forex 2]

Preview: RBNZ policy annoiuncement

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[GVI Forex 2]

NZDUSD: Waiting for the RBNZ rate cut decision

• kiwi showing no bounce ahead of the RBNZ
• Key levels 5754 and 5845
• Other supports” 5786 and 5768.
• Wild card is whether the rate cut will be 25 or 50bps but RBNZ will likely stay dovish.

NZDUSD 4 HOUR CHART

 

[Mtl JP]

canadian govvy mouthpiece CBC reports carney’s visiting donald thnusly
–
“Trump calls Carney ‘world-class leader,’ says no trade deal yet because ‘I want to be great, too’”
Updated5 minutes ago
Second Carney-Trump Oval Office meeting ends with laughter before closed-door talks begin

I am happy that carney’s 2nd meeting ends with laughter for the plebs.
Next lets see how pristine or chewed up carney emerges from behind the closed-door

[Mtl JP]

carney goes to trump’s land
–

“Trump says U.S. in ‘natural conflict’ with Canada over cars, steel”
Trump expressed ambivalence about continuing the USMCA and said he might do separate trade deals with Canada and Mexico
according to globe n mail

[GVI Forex 2]

USDJPY: While above 151.30 target is 152.00

[GVI Forex 2]

USDJPY: Why is 151.30 important?

• Stops just run above 151.30
• Huge void between 151.30 and 158.84
• Use 152, 155, 158 as key levels depending on whether 151.30 becomes support
• Shorter-time frame support 150.70-90

USDJPY WEEKLY CHART

[GVI Forex 2]

XAUUSD (GOLD): Almost got to 4000

• • XAUUSD not immune to some profit-taking, especially after a run at 4000 paused at 3991.
  • It is premature to call it a failure unless 3940 followed by 3922 are broken.
  • However, risk is cooled while back below the former record high broken today at 3977.

XAUUSD 1 HOUR CHART

[GVI Forex 2]

Forex Market Snapshot

• The dollar is trading firmer but off its highs and turning mixed
• EURUSD bounced from another intra-day double bottom
• USDJPY extending its high and faces key resistance at 151.30\
• Weakest remains the NZDUSD ahead of Wednesday’s RBNZ rate decision.
• Mood turning to rIsk off… stocks down, bonds up (yields down), reversing earlier price moves.

 

[GVI Forex 2]

Is this hitting stocks?

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[GVI Forex 2]

Tech led selling hitting stocks… may have something to do with a Nvidia story and chip rentals… searching for details

[Mtl JP]

DLRx 98.475 at 11:04 AM EDT (on cnbc)
US 10-yr 4.144%

EURO 1.1667
currently under its 50dma O(on gv-sourced price feed)

USD is “hot” in the and equities still appear willing if not able to keep on climbing
political uncertainty one might say, both in the US, M/E and EUROPE (france)
and in which USD currently is on the up-n-up, even yield spread – altho diminished continues to suggest in favour of the euro

with respect to
EURO 1.1673 as I type
I am biased. Biased to BoD the puppy as long as it is N of 1.1650.
ATM hard to see it rush N of 1.1750

Yakkers
few have already yakked, some more are left to yak yet:
kaskkari, nagel, lagarde, miran, escriva and muller

[GVI Forex 2]

Inflation expectations still sticky

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[GVI Forex 2]

NAS100 (NASDAQ): Battle for 25000 rages on

• New record high not following through
• Now dependent on 24978=25004 holding to keep a bid focused on 25000+
• Back below 24917=24936 would raise the risk of a retracement

NAS100 1 HOUR CHART

[GVI Forex 2]

EURUSD; History repeats but…

• Almost identical pattern with yesterday
• Double bottom at 1.1654 vs. 1.1652 on Monday
• Unlike Monday, the bounce has so far been shallow
• Back above 1.1676 would be needed to negate the downside risk

EURUSD 15 MINUTE CHART

[GVI Forex 2]

USDJPY tests 151.00 ,,, 10 year 4,144%… no correlation

[GVI Forex 2]

Newsquawk Stock Specifics

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[GVI Forex 2]

Newsquawk US Equity Open

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[GVI Forex 2]

As noted earlier, it is not clear whether FX is correlatiung with US bonds but yields have backed off and so has USDJPY after briefly running stops above 150.91

 

[GVI Forex 2]

US500 and NAS100 setting new intra-day record highs, marginally so far 

US500 4 HOUR CHART

6750 is now pivotal (on this CFD chart)

[ST London]

Looking at gold and stocks setting record highs says there is no shortage of liquidity.

[GVI Forex 2]

XAUUSD (GOLD): Futures tests 4000

• Following futures to a new record high, marginally so far aboive 3977
• To make a bull rush at 4000, 3977 needs to become support
• Key support raised to 3940

XAUUSD 1 HOUR CHART

[GVI Forex 2]

Newsquawk US Equity Opening News

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[GVI Forex 2]

NAS100 (NASDAQ): Battle for 25000 continues

1. Building fresh momentum for a run at the record 25057 high
2. Keeps its bid as long as it trades above 24917, uber bid if 25000 becomes support

NAS100 1 HOUR CHART

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