Yesterday at a glance: Nasdaq closed at 13,200 with no clear-cut direction and ranged between 13,353 and 13,200.

The Nasdaq's state is reflected by market data as United States Services PMI comes out at 50.2, while the projection was 50.6. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 328,400, while the previous figure was 326,900. United States CFTC Gold speculative net positions comes out at 135,200.

The Nasdaq might start to recover soon because it is getting close to its support line— now only 54.58 points away at 13,157. Dipping below could be an indication that further losses are ahead. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. The Nasdaq's lower Bollinger band is at 13,216, indicating a positive move might be next. On the other hand, note that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend.

Overall, looking at the technical analysis landscape, it seems the Nasdaq might be pointing upward in the short term.

While the Nasdaq was pretty flat yesterday, mixed performances were seen elsewhere as Hang Seng went up by 2.28% yesterday, and closed at 18,057. Dow Jones lost 0.31% during the session and closed at 33,964.

Dropping under the 34,000 level, the Dow reached 33,964 by the end of the trading session.

(Last update 10:32pm EST, September 22, 2023)

Dow Jones lost 106.58 points and now trades below the 34,000 level for the first time in 2 months.

The Dow might start to recover soon because it is getting close to its support line— now only 75.17 points away at 33,900. Dipping below could be an indication that further losses are ahead. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. Bollinger bands shows an indication of recovery: the lower band is at 34,000, a low enough level to, generally, suggest that the Dow is trading below its value. In contrast, the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend.

Technical analysis indicates that the Dow's current downtrend might soon change course and start climbing up in the short term.

A month ago the Dow has hit its yearly high point of 34,156, since than it lost 4.38%.

At 4,316.49, the S&P 500 is down to its lowest value in 2 months

(Last update 10:32pm EST, September 22, 2023)

The S&P dropped 10 points to 4,316.49, reaching its lowest point in 2 months.

The S&P 500 might start to recover soon because it is getting close to its support line— now only 14.83 points away at 4,305.23. Dipping below could be an indication that further losses are ahead. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. Bollinger bands shows an indication of recovery: the lower band is at 4,329, a low enough level to, generally, suggest that the S&P is trading below its value. In contrast, the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend.

Overall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions it seems the S&P might reverse course and start pointing upward in the short term.

The S&P 500 is now trading 5.64% below its yearly high (4,357.4) that it held a month ago.

Apple closed at $174.79 after gaining 0.49% yesterday

(Last update 10:32pm EST, September 22, 2023)

Yesterday at a glance: after ending Thursday's session at $173.93, Apple went up to $177.08 yesterday only to fall back and close at $174.79. The trading volume was 55.11 million, which is below the daily average of 65.46 million.

At $176.53, Apple made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. "Morning star”, whenever it appears on top of a bullish overall trend, some traders would consider this an indication of a trend reversal. Despite this, although Apple is green today and was as high as $177.08, it seems to be slowing down slightly and moving away from the $176.56 resistance line, and is now $1.77 below it.

Examining the technical analysis landscape, Apple might continue its downtrend in the short term.

Apple's market cap currently stands at $2.73 trillion the sleek smartphone manufacturer is now trading 11.46% below its yearly high ($177.08) that it held a month ago. The Nasdaq has been doing worse in 2022, it has been passing it by 29.42%.

Today Facebook increased by 0.51%, ended the session at $196.64

(Last update 4:31pm EST, June 13, 2022)

A quick look at today: Facebook is up to $196.64 today, which makes for a move of 0.51%/99 cents. The trading volume was 22.27 million, which is below the daily average of 27.28 million.

Trend indicators show us that medium-term trend indication has turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. This occurs as the MACD line crosses above the MACD signal line.

Overall, looking at the technical analysis landscape, it seems Facebook might continue pointing upwards in the short term.

The company's market cap is $532.17 billion the year 2022 has not been the best for the social media company, it lost 44.13% of its value. So far in 2022, it has been doing worse than the Nasdaq by 4.51%.

After seven days of going down, Amazon was mostly flat yesterday and closed at $129.12.

(Last update 10:32pm EST, September 22, 2023)

Yesterday at a glance: Amazon closed at $129.12 with no clear-cut direction and ranged between $132.03 and $128.52. Trading volume (51.90 million) was slightly greater than the last 21 day average by 100%.

Chart pattern study shows Amazon might start to recover soon because it is getting close to its support line— now only $1.37 away at $127.75. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Analysis based on the asset volatility indicates that Amazon's lower Bollinger band is at $128.05, indicating a positive move might be next.

Overall, technical indicators suggest Amazon has no obvious direction for the immediate future.

Amazon has a market cap of $1.33 trillion 10 days ago Jeff Bezos’s company has hit its yearly high point of $132.03, since than it lost 10.71%. The Nasdaq has been doing worse in 2022, it has been passing it by 63.76%.

Dropping for seven consecutive days, Microsoft closes at $317 (down 0.79%)

(Last update 10:26pm EST, September 22, 2023)

Yesterday at a glance: the software giant​ recovered some, but not quite all the way back to $319.53​ after dipping down to $316.15​ yesterday. The trading volume was 21.10 million, which is above the daily average of 20.46 million.

Microsoft might start to recover soon because it is getting close to its support line— now only $2.05 away at $314.96. Dipping below could be an indication that further losses are ahead. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. Bollinger bands shows an indication of recovery: the lower band is at $316.31, a low enough level to, generally, suggest that Microsoft is trading below its value. In contrast, the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend.

Technical analysis indicates that Microsoft's current downtrend might soon change course and start climbing up in the short term.

Microsoft has a market cap of $2.36 trillion 2 months ago the iconic OS developer has hit its yearly high point of $321.42, since than it lost 11.12%. So far in 2022, it has been outperforming the Nasdaq by 11.04%.

After four days of going down, Google was flat yesterday and closed at $131.25.

(Last update 10:26pm EST, September 22, 2023)

A quick look at yesterday: Google closed at $131.25 with no clear-cut direction and ranged between $133 and $130.51. The trading volume was slightly below the latest 21 day average volume at 16.12 million (79% of average).

Google might start to recover soon because it is getting close to its support line— now only $1.08 away at $130.17. Dipping below could be an indication that further losses are ahead. At $131.27, Google made an initial breakout above 50 day Simple Moving Average, an indication of a positive trend. Google's lower Bollinger band is at $130.86, indicating a positive move might be next. In contrast, the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend.

Overall, looking at the technical analysis landscape, it seems Google might be pointing upward in the short term.

The company has a market cap of $1.65 trillion 9 days ago the leading search engine company has hit its yearly high point of $133, since than it lost 5.49%. So far in 2022 it has been beating the Nasdaq by 54.26%.

Tesla lost 4.23% yesterday, closed at $244.88

(Last update 10:26pm EST, September 22, 2023)

Yesterday at a glance: after a mostly steady day, the trendy EV maker lost 4.23% deep into the session, closing at $244.88. Trading volume (126.31 million) was slightly greater than the latest 21 day volume average by 105%.

Tesla might start to recover soon because it is getting close to its support line— now only $4.57 away at $240.31. Dipping below could be an indication that further losses are ahead. Although down today, it's worth noting that in earlier trading Tesla peaked above the $255.71 50 day Simple Moving Average, usually an indication that a positive move might be approaching. Bollinger bands shows an indication of recovery: the lower band is at $236.87, a low enough level to, generally, suggest that Tesla is trading below its value.

Overall, looking at the technical analysis landscape, it seems Tesla —which is currently on a downtrend— might reverse course and start pointing upward in the short term.

Tesla's market cap currently stands at $777.25 billion 2 months ago the trendy EV maker has hit its yearly high point of $257.79, since than it lost 12.83%. So far in 2022, it has performed better than the Nasdaq by 97.75%.

Yesterday Zoom went up and closed at $68.85

(Last update 10:26pm EST, September 22, 2023)

A quick look at yesterday: after closing Thursday at $68.31, Zoom closed at $68.85 yesterday after climbing to $69.73 and dropping back down. The trading volume was 2.47 million which is below the daily average of 3.58 million.

At $69.53, Zoom made an initial breakout above 200 day Simple Moving Average, an indication of a positive trend. Zoom's lower Bollinger band is at $66.84, indicating further gains might be next. Despite this, Zoom broke through the $69.59 resistance and climbed 74 cents above it.

Examining the technical analysis landscape, Zoom might continue its downtrend in the short term.

Zoom's market cap currently stands at $20.72 billion 10 months ago the video communications platform provider has hit its yearly high point of $69.73, since than it lost 22.66%. So far in 2022, it has been outperforming the Nasdaq by 4.84%.

Dropping for four consecutive days, Netflix closes at $379.81 (down 1.13%)

(Last update 10:26pm EST, September 22, 2023)

Yesterday at a glance: Netflix dropped to $379.81 (from $384.15) — a 1.13% loss yesterday. The trading volume was 3.64 million which was slightly under the daily average of 5 million.

Chart pattern study shows Netflix might start to recover soon because it is getting close to its support line— now only $3.32 away at $376.49. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. According to momentum evaluation, the Relative Strength Index indicates Netflix is in an oversold condition, allowing for more gains. Asset volatility analysis shows that Bollinger bands shows an indication of recovery: the lower band is at $368.35, a low enough level to, generally, suggest that Netflix is trading below its value.

All in all, the technical analysis suggests Netflix has no clear-cut direction.

The company has a market cap of $168.31 billion 2 months ago the streaming company has hit its yearly high point of $386.88, since than it lost 19.56%. The Nasdaq has been doing worse in 2022, it has been passing it by 7.89%.

Yesterday Walmart went up and closed at $162.35

(Last update 10:31pm EST, September 22, 2023)

Yesterday at a glance: the warehouse stores chain company went up to $162.35, gaining 0.27%. Trading volume (3.38 million) was lower than the latest 21 day average volume by 62%.

At $162, Walmart made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. "Bullish harami”, whenever it appears on top of a bearish overall trend, some traders would consider this as an indication of a trend reversal. On the other hand, note that Walmart broke through the $163.08 resistance and climbed 73 cents above it.

Examining the technical analysis landscape, Walmart might continue its downtrend in the short term.

Walmart has a market cap of $436.97 billion the warehouse stores chain company is now trading 2.02% below its yearly high ($163.23) that it held 9 days ago. So far in 2022, it has performed better than the Dow Jones by 8.76%.

Falling for five consecutive days, Procter & Gamble ended the session at $151.58 (down 0.37%)

(Last update 10:31pm EST, September 22, 2023)

Yesterday at a glance: Procter & Gamble ranged between $153.34 and $151.38, but settled at $151.58. The trading volume was 6.25 million; above the daily average of 4.70 million.

Important graph levels to look out for: Procter & Gamble might start to recover soon because it is getting close to its support line— now only 72 cents away at $150.86. Dipping below could be an indication that further losses are ahead. Trend indicators show us that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at $151.32, a low enough level to, generally, suggest that Procter & Gamble is trading below its value.

All in all, the technical analysis suggests Procter & Gamble has no clear-cut direction.

Procter & Gamble's market cap currently stands at $357.26 billion the consumer goods corporation is now trading 3.15% below its yearly high ($153.34) that it held a month ago. So far in 2022, it has been doing worse than the Dow by 0.01%.

Walt Disney lost 1.79% yesterday, closed at $81.25

(Last update 10:31pm EST, September 22, 2023)

Yesterday at a glance: the entertainment giant slid down from $82.73 to $81.25, taking a 1.79% loss yesterday. Trading volume (11.17 million) was slightly under the latest 21 day average volume by 68%.

At $83.15, Walt Disney made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. Medium-term trend indication has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line. Despite this, Walt Disney might start to recover soon because it is getting close to its support line— now only 73 cents away at $80.52. Dipping below could be an indication that further losses are ahead. Bollinger bands shows an indication of recovery: the lower band is at $79.9, a low enough level to, generally, suggest that Walt Disney is trading below its value.

In general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for Walt Disney.

Walt Disney has a market cap of $148.67 billion hitting its yearly low ($81.2) 16 days ago, the entertainment and content production company has bounced back 2.68% since. So far in 2022, it has been under-performing the Dow by 9.5%.

Coca-Cola steady at $57.6, no significant movement

(Last update 10:31pm EST, September 22, 2023)

Yesterday at a glance: after closing yesterday at $57.54, the soft drink company went up to $57.97 only to drop some of the way and close at $57.6. Trading volume (14 million) was slightly below the latest 21 day average volume by 98%.

Coca-Cola might start to recover soon because it is getting close to its support line— now only 19 cents away at $57.41. Dipping below could be an indication that further losses are ahead. Coca-Cola's lower Bollinger band is at $56.89, indicating a positive move might be next.

Overall, looking at the technical analysis landscape, it seems Coca-Cola might start pointing upward in the short term.

The company's market cap is $249 billion the soft drink company has lost 10.67% over the last 2 months. So far in 2022, it has been under-performing the Dow by 12.88%.

Pfizer closed at $32.69 (down 0.49%) and added one more to its 4th straight day of losses

(Last update 10:31pm EST, September 22, 2023)

Yesterday at a glance: the pharmaceuticals and biotechnology company​ recovered some, but not quite all the way back to $32.85​ after dipping down to $32.5​ yesterday. Trading volume (28.45 million) was slightly greater than the latest 21 day volume average by 114%.

Chart pattern study shows Pfizer might start to recover soon because it is getting close to its support line— now only 26 cents away at $32.43. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Momentum evaluation shows that the Relative Strength Index indicates Pfizer is in an oversold condition, allowing for more gains. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at $32.25, a low enough level to, generally, suggest that Pfizer is trading below its value.

All in all, the technical analysis suggests Pfizer has no clear-cut direction.

Pfizer's market cap is currently $184.57 billion the multinational pharma juggernaut has lost 32.19% over the last 2 months. So far in 2022, it has been under-performing the Dow by 52.45%.

McDonald's closed at $272.22 after gaining 0.37% yesterday

(Last update 10:21pm EST, September 22, 2023)

Yesterday at a glance: McDonald's closed at $272.22 yesterday after ranging between $273.64 and $270.83. The trading volume was 1.46 million, which is below the daily average of 2.57 million.

Chart pattern study shows after reaching the $273.63 resistance zone, McDonald's retreated $1.41 below it. Trend indicators show us that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. According to asset volatility analysis, McDonald's's lower Bollinger band is at $271.3, indicating further gains might be next. Japanese Candlestick formations detected today show that "bullish harami”, whenever it appears on top of a bearish overall trend, some traders would consider this as an indication of a trend reversal.

All in all, the technical analysis suggests McDonald's has no clear-cut direction.

The company's market cap is $198.38 billion the fast food giant is now trading 9.11% below its yearly high ($273.64) that it held 2 months ago. So far in 2022, it has been outperforming the Dow by 1.1%.

Steady Bitcoin holds at $26,561

(Last update 10:21pm EST, September 22, 2023)

Bitcoin is trading steadily today, ranging between 26,643 and 26,500 and is now at $26,561.

Bitcoin's upper Bollinger band is at $27,300, indicating a downward move might be next. In contrast, Bitcoin might start to recover soon because it is getting close to its support line— now only $137.85 away at $26,423. Dipping below could be an indication that further losses are ahead.

Overall, technical indicators suggest Bitcoin has no obvious direction for the immediate future.

Bitcoin has a market cap of 517.76 billion 2 months ago Bitcoin has hit its yearly high point of 26,643, since than it lost 15.51%.

Gold reached $1,945 per ounce after gaining 0.27% yesterday

(Last update 10:21pm EST, September 22, 2023)

Yesterday at a glance: CME Gold went up to $1,945 per ounce yesterday, gaining 0.27%.

A study of CME Gold's chart pattern shows Gold could be slowing down soon as it approaches resistance at $1,949.53. Of course, crossing it might suggest further gains are ahead. Trend indicators show us that at $1,946.24, Gold made an initial breakout above 200 day Simple Moving Average, an indication of a positive trend. Analysis based on the asset volatility indicates that Gold's upper Bollinger band is at $1,969, this is a slight indication of a slowdown.

Overall, the technical analysis picture suggests CME Gold is neutral for the immediate future, with no clear-cut direction.

Gold is up 19.48% on its yearly low ($1,939.6) that i hit 11 months ago.

US crude oil reached $90.33 per barrel after gaining 0.78% yesterday

(Last update 10:21pm EST, September 22, 2023)

Yesterday at a glance: US crude oil closed yesterday at $90.33 per barrel (with a daily low of $89.31) after ending Thursday at $89.63 and gaining 0.78%.

Chart pattern study shows although WTI crude oil is green today and was as high as $91.33, it seems to be slowing down slightly and moving away from the $91.36 resistance line, and is now $1.03 below it. In terms of trend indicators, we can see that at $89.93, WTI crude made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend. According to asset volatility analysis, US crude oil's upper Bollinger band is at $92.95, this is a slight indication of a slowdown.

Overall, the technical analysis picture suggests US crude oil is neutral for the immediate future, with no clear-cut direction.

West Texas crude has gained 50.19% over the last 2 months.

The Euro lost 0.14% yesterday, ending at 1.0647

(Last update 10:21pm EST, September 22, 2023)

A quick look at yesterday: the Euro failed to recover all the way to 1.0662 after dipping down to 1.0619, and closed at 1.0647.

Although the Euro is down today and was as low as 1.0619, it seems to be recovering slightly and climbing away from the 1.0567 support line and is now 80 pips above it. Bollinger bands shows an indication of recovery: the lower band is at 1.0575, a low enough level to, generally, suggest that Euro-Dollar is trading below its value.

Overall, looking at the technical analysis landscape, it seems Euro-Dollar might start pointing upward in the short term.

The Euro has lost 71% over the last 2 months.

The Pound lost 0.44% yesterday, ending at 1.224

(Last update 11:11pm EST, September 22, 2023)

A quick look at yesterday: GBP/USD dropped 53 pips early on and stayed at 1.224.

A chart visual study suggests although the Pound is down today and was as low as 1.2232, it seems to be recovering slightly and climbing away from the 1.2167 support line and is now 73 pips above it. Trend indicators show us that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Momentum evaluation shows that the Relative Strength Index indicates Sterling-Dollar is in an oversold condition, allowing for more gains. Asset volatility analysis shows that Bollinger bands shows an indication of recovery: the lower band is at 1.219, a low enough level to, generally, suggest that Sterling-Dollar is trading below its value.

Overall, the technical analysis picture suggests the Pound is neutral for the immediate future, with no clear-cut direction.

The Pound has lost 75.15% over the last 2 months.

Dollar/Yen reached 148.28 after gaining 0.49% yesterday

(Last update 11:11pm EST, September 22, 2023)

Yesterday at a glance: Dollar/Yen gained 71 pips and stayed at the 148.28 level.

An analysis of Dollar/Yen's chart suggests Dollar/Yen could be slowing down soon as it approaches resistance at 148.71. Of course, crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that at 147.69, Dollar/Yen made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 148.83 – a high enough level to usually suggest Dollar/Yen is trading above its value.

All in all, while Dollar/Yen has been going up, technical indicators suggest flatness for the immediate future.

Dollar/Yen is now trading 15.51% above its yearly low (148.45) that it has slumped into 8 months ago.

Dollar-Swiss reached 0.9066 after gaining 0.28% yesterday

(Last update 11:11pm EST, September 22, 2023)

A quick look at yesterday: Dollar-Swiss went up to 0.9066 yesterday, gaining 0.28%.

An analysis of Dollar-Swiss's chart suggests although Dollar-Swiss is green today and was as high as 0.9075, it seems to be slowing down slightly and moving away from the 0.9086 resistance line, and is now 19 pips below it. Trend indicators show us that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Momentum evaluation shows that the Relative Strength Index indicates Dollar-Swiss is in an overbought condition. Analysis based on the asset volatility indicates that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 0.9078 – a high enough level to usually suggest Dollar-Swiss is trading above its value.

Overall, while Dollar-Swiss has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

Dollar-Swiss lost 89.34% over the last twelve month.

The Australian dollar up four days in a row, gaining 25 pips, closing at 0.6443.

(Last update 11:11pm EST, September 22, 2023)

Yesterday at a glance: with a daily low of 0.6405, Aussie-Dollar closed yesterday at 0.6443, after ending Thursday at 0.6417 and gaining 25 pips (0.4%).

A study of the Australian dollar's chart pattern shows Aussie-Dollar could be slowing down soon; it is getting close to the resistance line and is now at 0.6471, only 28 pips away. Crossing the resistance line could, however, suggest that further gains are ahead. In terms of trend indicators, we can see that at 0.6431, the Australian dollar made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. According to asset volatility analysis, Aussie-Dollar's upper Bollinger band is at 0.6493, this is a slight indication of a slowdown.

All in all, the technical analysis suggests the Australian dollar has no clear-cut direction.

Aussie-Dollar has lost 80.4% over the last 2 months.