S&P 500: ⬆️ Buy – S&P 500 reversed from support level 7540.00 – Likely to rise to resistance level 7830.00 S&P 500 recently reversed up from the support zone between the support level 7540.00 (which stopped wave 2 in the.
EURCAD: ⬆️ Buy – EURCAD reversed from support level 1.5600 – Likely to rise to resistance level 1.5750 EURCAD currency pair recently reversed up from the support zone between the support level 1.5600 (former multi-month low from March, which stopped.
Brent Crude Oil: ⬇️ Sell – Brent Crude Oil reversed from strong resistance level 113.20 – Likely to fall to support level 105.00 Brent Crude Oil recently reversed down from the resistance zone between the strong resistance level 113.20 (which.
Amazon: ⬆️ Buy – Amazon reversed from support zone – Likely to rise to resistance level 244.50 Amazon recently reversed up from the support zone between the strong support level 227.50 (which stopped wave (4) at the end of June.
November 2, 2026 Market Overview
The Nasdaq-100 has entered a correction amid rotation out of tech, concerns over AI spending and midterm election risks. Morgan Stanley remains optimistic.
Today is Monday, November 2nd, and let’s talk about the Japanese yen. A rather interesting situation is developing there. Even though the bigger picture for the yen isn’t very clear, we’ll focus on a very nice triangle within wave B, which is approaching its completion.
EURUSD is trying to hold above 1.12, but fundamentals weigh on the euro. A post-election stock rebound would bring the bears back, and a break below 1.11 would extend the decline.
November 2, 2026 Crypto Review
The crypto market has rebounded to $2.62T; Bitcoin has recovered to $78K but remains in a downtrend following October’s 7.5% decline; outflows from ETFs and hacks are weighing on sentiment.
TRON: ⬇️ Sell – TRON reversed from strong resistance level 0.3600 – Likely to fall to support level 0.3200 TRON cryptocurrency recently reversed down from the strong multi-month resistance level 0.3600, which has been reversing the price from August of.
EURGBP: ⬇️ Sell – EURGBP broke support zone – Likely to fall to support level 0.8300 EURGBP currency pair recently broke the support zone between the support level 0.8360 (which stopped wave 3 earlier this month) and the support trendline.
Nasdaq-100 Index: ⬇️ Sell – Nasdaq-100 Index broke key support level 29000.00 – Likely to fall to support level 27500.00 Nasdaq-100 Index recently broke the support zone between the key support level 29000.00 (which has been reversing the price from.
NVIDIA: ⬇️ Sell – NVIDIA broke key support level 208.50 – Likely to fall to support level 200.00 NVIDIA recently broke the support zone between the key support level 208.50 (which stopped wave ii at the end of August and.