resistance

DXY bounces off major support, reducing Bitcoin's chances of breaking the $17.2,000 resistance

DXY bounces off major support, reducing Bitcoin’s chances of breaking the $17.2,000 resistance

On December 2, the US Dollar Index (DXY), an index that measures the strength of the dollar against a basket of major foreign currencies, hit 104.40, the lowest level seen in 5 months. To recap, the weight of the US dollar against the basket of major foreign currencies has risen 19.6% in 2022 through September …

DXY bounces off major support, reducing Bitcoin’s chances of breaking the $17.2,000 resistance Read More »

Nasdaq rallies in missile attack, but key resistance ahead

Market Turns, More Stocks Are Showing Buy Signals, But Resistance Looms

Dow Jones futures fell slightly overnight, along with S&P 500 and Nasdaq futures. A strong stock market rally on Tuesday morning faded, becoming briefly mixed after Russian missiles reportedly hit Poland. X Target (TGT) headlined Wednesday morning earnings, while the chip giant Nvidia (NVDA) looms large on Wednesday night. The stock market rallied Tuesday morning …

Market Turns, More Stocks Are Showing Buy Signals, But Resistance Looms Read More »

Nasdaq rallies in missile attack, but key resistance ahead

Nasdaq rallies in missile attack, but key resistance ahead

Dow Jones futures fell slightly overnight, along with S&P 500 and Nasdaq futures. A strong stock market rally on Tuesday morning faded, becoming briefly mixed after Russian missiles reportedly hit Poland. X Target (TGT) headlined Wednesday morning earnings, while the chip giant Nvidia (NVDA) looms large on Wednesday night. The stock market rallied Tuesday morning …

Nasdaq rallies in missile attack, but key resistance ahead Read More »