Day: January 11, 2024

TitleFalling to Pullback Support TypeBullish Bounce Preference:Price is falling towards the pivot point of 22.862 which is a pullback support level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 23.535 which is an overlap resistance that aligns close to the 50.0% Fibonacci retracement level. Alternative […]

Daily Market Outlook, January 10, 2024 Munnelly’s Market Minute…“Nikkei Hits 34 Year Highs” Most stocks in the Asian region saw a decline following the weak performance of Wall St and cautiousness ahead of important inflation data and earnings reports.The Nikkei 225 has reached a level above 34k handle for the first time in more than […]