Four trade setups for next week

4 trade setups for the week ahead

RUSSELL2000

RUSSEL2000 is breaking below the short-term uptrend line and has a horizontal resistance 2240. It has closed below the horizontal resistance of 2220.

TRADE SETUP: SHORT SL 2254 TP 2020

Russell2000

DAX

DAX has been rejected from the channel top 23000 and is breaking below the short-term uptrend line 22400.

TRADE SETUP: SHORT SL 22670 TP 20700

DAX

GLD

SPDR GOLD TRUST ETF ($GLD) is being rejected from the channel top 272 which can lead to a swing to the channel support line in the medium term.

TRADE SETUP: SHORT SL 272 TP 246

GLD trade setup

NVDA

NVDA