Discover and read the best of Twitter Threads about #ShanghaiComp

Most recents (3)

Credit Suisse 1/6: Key #StockMarket Themes:
#SP500 strength has extended to the top of its multi-year channel at 4125/30, with the market now seen moving into typical “extreme” territory. Our bias though is for the rally to extend further yet to our Q2 objective at 4200,
Credit Suisse 2/6: where we would then be highly alert to signs of a potential top and correction/consolidation.

#Nasdaq100 is not unsurprisingly seeing a pause at its 13880 record high but with a bullish “outside day” & “head & shoulders” base in place we continue to look for a
Credit Suisse 3/6: break to a new record high for a move to our 14000/10 long-held “measured triangle” objective, then our 14380 new revised higher objective.

#Russell2000 continues to struggle though & we remain of the view may be seeing the formation of a “right-hand shoulder”
Read 6 tweets
Credit Suisse 1/5: Key #StockMarket Themes:
The #SP500 rally has extended to our long-held 3900 “measured triangle objective”. With further layers of resistance seen here and stretching up to 3930 our “ideal” base case remains for a cap in this 3900/3930 zone and
Credit Suisse 2/5: for a consolidation/correction phase to then unfold. Big picture though, even if some consolidation is seen we will continue to view this as a temporary pause ahead of a clear break above 3930 in due course.

#Nasdaq100 stays seen on course for our “measured
CS 3/5: triangle objective” at 14000/10.
#Russell2000 has surged sharply higher again & we stay bullish for 2320/34.
#EuroStoxx50 maintains a bullish continuation pattern and we stay bullish for the “pandemic” price gap from last Feb, seen starting at 3762 & stretching up to 3800
Read 5 tweets
Credit Suisse 1/6: #StockMarket Key Themes:
#Nasdaq100 spotlight remains on the top of its trend channel from last summer, today at 13660 an eventual move above can see “measured triangle objective” at 14000/10.

#Russell2000 has surged sharply higher again and with bond yields
CS 2/6: expected to rise further we stay bullish on an outright & relative basis for 2273/77 & eventually 2320/34.

#EuroStoxx50 maintains a bullish continuation pattern & we stay bullish for the “pandemic” price gap from last Feb, seen starting at 3762 & stretching up to 3800.
Credit Suisse 3/6: #FTSE100 needs to clear 6573 to inject near-term upward momentum.

#Nikkei225 has broken above the 28980/29000 consolidation highs and we stay bullish with our core objective seen at 32115/20.

#ShanghaiComp is still holding our target in the 3466/47 zone and
Read 6 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!