[GVI Forex 2]

Newsquawk US Stock SMarket Wrap

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[GVI Forex 2]

NAS100 (NASDAQ)

New record high (marginally) at 24025 but still needs to establish 24000 as support to signal a new leg up.

Supports: 4 hour trendline, 23839, 23764, 23702

NAS100 4 HOUR CHART

[GVI Forex 2]

US500 (SP500)

No reason to step in front of a speeding bullet train, next station 6600, the best chance for a pause.

Until the current pattern of failed setbacks setting up a run to new record highs there is no reason to guess at the top.

Supports, 6559, 4 hour trendline, 6532, 6517

US500 4 HOUR CHART

[GVI Forex 2]

Trump vs Cook

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[Belgrade Bobby]

NIO Inc. Stocks

Nice rebound today ( over 6%)  , but it didn’t change anything – so far

Nio has to go above 6.30 to change the direction.

Supports: 5.90, 5.75 & 5.50

[Mtl JP]

donald is going to get in his man on monday

[Belgrade Bobby]

Alibaba Group Holdings Ltd. Stocks – BABA

BABA seems unstoppable right now – this is the new high for this year – 156.85

Resistances: 167.40, 169.95 & 182.10

Supports: 152.45, 147.85 & 143.25

I expect more up for tomorrow if closes like this

[Belgrade Bobby]

NVIDIA Corporation Stocks – NVDA

Nvidia reached a higher high today, but stayed short of that Resistance line above the head ( as a previous Channel Support it should be hard to break)

Resistances: 180.30 & 181.80

Supports: 176.45, 175.45 & 173.55

[GVI Forex 2]

Red ink for as far as the eye can see

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[Belgrade Bobby]

EURUSD Daily

Supports: 1.17150, 1.16900 & 1.16750

Resistances: 1.17450, 1.17800 & 1.17900

Close tonight above 1.17150 would be Bullish for tomorrow

Depending on the strength of given resistances it can be limited, but if broken starts a new wave Up.

[Mtl JP]

Champagne ! Sparklers ! … Baloons ! … Cigars !

“Dow jumps 500 points to record as August inflation increase likely won’t derail Fed rate cut”
– cncb headline

[GVI Forex 2]

EURUSD

Keep this simpole

Finds support while above 1.1700-10-20 but needs 1.1750+ to get bulls salivating over 1.18

[GVI Forex 2]

XAUUSD (GOLD)

On the sidelines as it consolidates after holding a test of 3612 and thus staying above 3600.

Onus is still on the bull side to regain 3650 and a bid if they hope to challenge the record 3674 high again.

XAUUSD 1 HOUR CHART

[GVI Forex 2]

NAS100 4 HOUR CHART

Making another run at 24000 and its record 24016 high set yesterday, so far not matching SP500’ extending its all-time high today.

To confirm a new leg up, 24000 needs to become support.

NAS100 1 HOUR CHART

[GVI Forex 2]

What’s hot and what’s not?

What’s hot?

All currencies are up vs the dollar following jump jobless claims

US stocks up, SP500 extends=ing record high, NAS100 trying again for 24000

US bond up (yields down, 10 year briefly tests sub-4.00%)

BITCOIN is up modestly

What’s not?

USD is down, more than reversing pre-datqa gains

GOLD is down but holding above 3600

Crude oil is lower

[GVI Forex 2]

ALL EYES OIN THE us 10 YEAR 4.00% … JUST DIPPED SLIGHTLY BELOW IT

[GVI Forex 2]

Newsquawk Stock Specifics

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[GVI Forex 2]

Newsquawk US Equity Open

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[GVI Forex 2]

Keep an eye on the 10 year yield

 

[GVI Forex 2]

USDCHF

Look at this chart!

With the high likely in for today, downside is more exposed so either lower or consolidation.

Key support: .7954

USDCHF 1 HOUR CHART

[GVI Forex 2]

I said wa\tch the headlines… another pop in EURUSD, dip in bunds

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[GVI Forex 2]

EURUSD pops on LaGarde comment

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[ST London]

Wouldn’t a holiday see less filings, not more?

[ST London]

Wouldn’t a holiday see less filings, not more?

[GVI Forex 2]

LaGarde press conference started… should be a non-event but watch headlines just in case

[GVI Forex 2]

1o year held 4.00%

[GVI Forex 2]

Alert

Chatter is whether the Labor Day holiday caused any distortions in the claims data.

 

[GVI Forex 2]

US 10 year yield… watch 4.00%

[GVI Forex 2]

Big jump in jobless claimns…yields fall, USD down

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[GVI Forex 2]

CPI about in line with consensus

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