Trading plan and review of Key Levels for major markets

Review of the key levels in the major markets as global markets continue to bounce and find more buyers. Powell was concerned for the high inflation levels and hinted at being more aggressive if needed sending bond yields higher. Traders focused on the stronger than expected economic numbers and the resilience of the US consumer. USD fell away from highs as safe havens exited.

The general trend for major Indexes remains down with the USD, Inflation and Interest Rate Rises in focus.

BITCOIN and ETHEREUM remained around lows as buyers remained on the sidelines unwilling to again follow share markets higher. Expect that if share Indexes again turn south, cryptos may take another hit.

Markets covered
US - DOW, Nasdaq and SP500
Europe - DAX and FTSE100
Asia - Hang Seng, ASX200 and Nikkei
FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY
Commodities - GOLD , Oil and Copper
Crypto - Bitcoin and Ethereum
asx200Beyond Technical AnalysisCryptocurrencyinflationstockmarketanalysisSupport and ResistanceTrend AnalysisDJ FXCM Index

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