Nasdaq100 (NQ) Rejected @ Daily Chart Upchannel Resistance

The Nasdaq100 (NQ) is sliding almost 1% today going into the European morning, breaking below upchannel support (on the 4hr chart). Significantly, NQ is being rejected at upchannel resistance (on the daily and weekly charts)......»»

Natural Gas (NG) tacked on another more than 1% yesterday as it rebounded for a 2nd day, continuing within an upchannel (on the 4hr chart) and consolidating last week's break above triangle resistance (on the daily chart). The bigger picture.....»»

The Nasdaq100 (NQ) slid more than 1% yesterday back to a 3 month upchannel support (on the daily chart), and will likely remain within the range seen.....»»

The Nikkei225 (NK) is edging lower going into today's European morning, and appears vulnerable to sliding further this week after having been rejected by ascending wedge resistance (on the daily chart) last week. The Eurostoxx 50 (FESX) along with t.....»»

Gold (GC) is adding to yesterday's gains going into today's US morning, but will likely begin hesitating as soon as it bumps up against upchannel resistance (o.....»»

Silver 1 OZ 999 NY (XAG=X) solid technical resistance at $15.31 May silver futures bears have the overall near-term technical advantage. Prices are in a seven-week-old downtrend on the daily bar chart. Silver bulls’.....»»

Gold 1 OZ (XAU=X) solid technical resistance at $1,330.00 Technically, April gold futures bulls have the overall near-term technical advantage. A three-week-old uptrend is in place on the daily bar chart. Gold bulls’ next upside near.....»»

Natural Gas (NG) rallied almost 2% Friday, breaking above a 3 month triangle resistance (on the daily chart)......»»

The AUDJPY is firming in today's Asia morning (following slight profittaking Friday) and testing downchannel resistance (on the daily and weekly chart). Despite havin.....»»

Raw Sugar (SB) bounced more than 2% yesterday, and closed just shy of downtrend/triangle resistance (on the 4hr chart) and downchannel resistance (on the daily chart). Significantly, SB is trying to form the first green weekly candle in 10 weeks......»»

Arabica Coffee (KC) surged almost 3% yesterday, breaking out of 6 days of c.....»»

Natural Gas (NG) edged higher almost 1% yesterday leading into today's highly anticipated weekly storage report. NG is nearing the end of an ascending triangle (on the 4hr chart) and a somewhat symmetrical triangle (on the daily chart)......»»

The VIX (VX)'s spot index surged more than 14% yesterday, breaking above a roughly 3 month descending wedge resistance (on the daily chart), and offsetting/invalidating the generic bear signal from the lower June low versus the.....»»

The S&P500 (ES) continued a bounce yesterday off a 3 month upchannel support (on the daily chart), and will likely rem.....»»

The GBPAUD soared roughly 100 pips in today's Asia morning, and is now bumping up against descendin.....»»

GOLD 1 OZ (XAU=X) solid resistance at $1,226.00 Technically, gold bears still have the overall near-term technical advantage but a price downtrend on the daily bar chart has been negated to suggest a mark.....»»

Corn (ZC) is edging higher in today's Asia morning, nearing downchannel resistance (on the 4hr chart). Significantly, ZC is bumping up against the daily chart triangle resistance, and testing descending wedge resistance (on the weekly chart)......»»

Cocoa (CC) edged lower yesterday 2 weeks into its consolidation, and is nearing the end of a triangle (on the 4hr chart). Significantly, CC is readying to retest downchannel resistance (on the daily and weekly chart)......»»

Soybean (ZS) rallied almost 2.5% yesterday, arguably breaking descending wedge/triangle resistance (in the daily chart). Although ZS's September low so far has been sl.....»»

Silver (SI) is firming in today's European morning after sliding more than 1% yesterday on profittaking. Significantly, SI remains above a 4 month downchannel resistance (on the weekly chart) as well as downchannel resistance (on the daily chart)......»»