The Dow Jones side has continued to move for about a month, stuck in the range between 38000 and below 37500. There are attacks above 38000, but they cannot be permanent above 38000. When it starts to stay above 38000, we can start talking about new highs. For now, it is at least trying to digest the statements made by the FED. What started the movement was that the interest rate hike cycle would end in 2024 and interest rate cuts would begin from March. However, as this situation begins to be postponed to June and beyond, the movement has become horizontal, even if it has not turned into a huge sale. We can say that we will follow the data coming from here again. There is no problem as long as 37500 is not broken in the short term. If it breaks, we have a possibility of reaching 37000 - 36800. On the Dow Jones side, we can talk about the possibility of moving towards new highs and the psychological level of 40000, especially in the closing above 38000.

There is a similar movement in Dax. We have been following a movement course stuck between 16600 - 17000 for a long time. It seems a little weaker, according to Dow Jones, if we start to see clear closings above 17000, we will have the possibility of seeing a strong upward movement here as well. But especially if we close below 16600, it would be better to be a little more cautious as the 16300 - 16000 region will be the target on the dax side. The movement is stuck in the upper band of the Bollinger band and cannot move much independently from here. If at least independent bars break from here, the upward movement may become stronger. But since it is right above it at the moment, it is not possible to point a clear direction on the dax side.

We also saw sharp upward movements on the Brent Oil side, along with the developments during the week. We saw above 80000's. But sales come from here again. We can say that our indispensable main resistance point is around 82000. Unless it closes above 82000, all incoming movements are seen as sales opportunities. When we start to see closures above 82000, we can see a stronger Brent oil targeting 85 - 87. But if it cannot achieve this, every upward movement will be considered as a selling opportunity unless 82 levels are exceeded. The support level that should be especially taken into consideration below is 76 - Closings below 70 may pull us back to around 72. Let's pay particular attention to this.

If 2074's and 2075's are exceeded in gold, we can see a rapid movement up to 2150's, but we cannot achieve this. The reactions here turn into sales. Especially the range of 2040 - 2075 became our resistance zone. As long as we do not see a clear closing in this region, we will say that the incoming purchases are likely to cause a correction here as well. One of the main supports that should not be broken, especially from now on, is the $ 2000 level. If we see a close under this support, there is a possibility of retreating to the 1970 - 1950 band. If closings above 2075 start to occur, we will talk about the possibility of seeing a rapid movement up to 2150 on the ounce gold side.

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