{"id":173502,"date":"2023-10-13T14:03:27","date_gmt":"2023-10-13T08:33:27","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=173502"},"modified":"2023-10-13T14:03:27","modified_gmt":"2023-10-13T08:33:27","slug":"us-stock-markets-reverse-from-this-weeks-resistance-areas-as-cpi-beats-estimates-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/us-stock-markets-reverse-from-this-weeks-resistance-areas-as-cpi-beats-estimates-crypto-news\/","title":{"rendered":"US stock markets reverse from this week&#8217;s resistance areas as CPI beats estimates &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>Emini S&amp;P December futures made a high for the day at strong resistance at 4430\/50. Shorts worked on the slide to support at 4375\/4365. A low for the day only 10 points below.<\/p>\n<p>Shorts at strong resistance at 4430\/50 again today need stop above 4460. A break higher is a buy signal targeting 4480\/85.<\/p>\n<p>Minor support at 4375\/4365 but longs are risky, despite a bounce from here yesterday. A break below 4355 targets 4335\/30.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638327818284685339.png\"><\/a><\/p>\n<p>Nasdaq December futures collapsed back below trend line resistance at 15300\/350 after what we now know was a false breakout. Longs at support at 15365\/335 were need stopped below 15300.<\/p>\n<p>Holding above 15350 puts bulls in control targeting 15500 &amp; 15650.<\/p>\n<p>Holding below 15250 should trigger further losses towards 15150\/120 &amp; 15090\/050.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638327818429218342.png\"><img decoding=\"async\" alt=\"Chart\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638327818429218342.png\" \/><\/a><\/p>\n<p>Emini Dow Jones December hit my target &amp; strong resistance at 33900\/34100 &amp; shorts worked perfectly as we collapsed from 34153 to 33700\/650 for profit taking.<\/p>\n<p>A low for the day only just below at 33617.<\/p>\n<p>We meet strong resistance again at 33900\/34100.<\/p>\n<p>A break below 33540 should be a sell signal targeting 33350.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638327818501804529.png\"><img decoding=\"async\" alt=\"Chart\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638327818501804529.png\" \/><\/a><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Emini S&amp;P December futures made a high for the day at strong resistance at 4430\/50. Shorts worked on the slide to support at 4375\/4365. A low for the day only 10 points below. Shorts at strong resistance at 4430\/50 again today need stop above 4460. A break higher is a buy signal targeting 4480\/85. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":27256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,842,257,307,255,250,252,247,253,249,308,334,256,254],"class_list":["post-173502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cpi","tag-cryptocurrency","tag-equities","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-unitedstates","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/173502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=173502"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/173502\/revisions"}],"predecessor-version":[{"id":173504,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/173502\/revisions\/173504"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/27256"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=173502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=173502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=173502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}