Candlestick pattern- Shooting star
S&P500 has halted its 1-1/2 month bullish trend and shown a minor decline. The index jumped more than 250 points on account of easing US-China trade tension. But slight pessimism in the deal is putting pressure on the global stock markets. It hits low of 3104 and is currently trading around 3107.20.
The US 10-year yield rose more than 30% and jumped to 1.97%. For the past 1- week it is trading weak and lost more than 10%. It is currently trading at around 1.746%.
The near-term resistance is at 3135 (trend line joining 2954 and 3019), any close above targets 3150/3175.
On the flipside, near-term support is at 3100 (10- day MA) and an indicative break below will drag the index down till 3070/3050.
It is good to sell on rallies around 3115-20 with SL around 3135 for the TP of 3070/3050.


FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: GBP/AUD drifts lower after BOE rate decision
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro- Major Crypto levels and bias summary 



