Report
EUR 204.97 For Business Accounts Only

GMR Macro Technicals - 22 August 2018

BABA earnings on 8/23. In order to relieve the pressure it must sustain above combined weekly and monthly downtrends at 179/184. Failure to do so, leaves the door open to expansive downside. GBP, EUR and AUD are seen as sales on strength against weekly downtrend and developing Sep resistance. The target for SPX rally is 2885/2905.
Underlying
Alibaba Group Holding Ltd. Sponsored ADR

Provider
Global Market Research
Global Market Research

Global Market Research provide quantitative, algorithm-based research to institutional investors in the Equity, FX, Rate, Commodity and Blockchain markets.   GMR provide significant value to our wide range of clients in four distinct ways:

  • Translate broad Macro ideas into actionable Price Strategy;
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  • Utilize GMR's unique algorithm to identify markets with potential for major price shock; 
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GMR regularly publish four specialized subscription reports: MACRO Technicals® focuses on the major USD crosses, US Treasury yields and Equity markets. GMR Weekly Notes® identifies a Top 10 list of risk/reward opportunities across asset classes. Petro-Technicals® covers Crude Oil and Natural Gas markets; Bitcoin Technicals® focuses on blockchain technology.

Analysts
William Basa

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