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MARKET ANALYSIS

Emerging Channel Down pattern in its final wave was identified on the S&P500 30 Minutes chart. After a strong bearish run, we find S&P500 heading towards the upper triangle line with a possible resistance at 5622.6356. If the support shows to hold, the Channel Down pattern suggests a rebound back towards current levels.

Emerging Channel Up detected on BRN/USD – the pattern is an emerging one and has not yet broken through support,

Channel Down pattern identified on LTCUSD has broken through a resistance level with the price momentum continuing to move in

You would be well advised to confirm the breakout that has just occurred – do you believe the move through

Emerging Falling Wedge detected on XAGUSD – the pattern is an emerging one and has not yet broken through resistance,

The movement of GBPJPY towards the resistance line of a Inverse Head and Shoulders is yet another test of the

NAS100 has broken through a resistance line. Because we have seen it retrace from this price in the past, one