The index is trading either side of the floor of a rising trend channel drawn since June. The real level to watch is around 9,200<\/strong> . A decent end-of-day \/ end-of-week close above recent resistance at 9,260<\/strong> would be constructive.<\/p>\n We\u2019ve had another RSI 50 rebound \u2014 second time lucky maybe \u2014 and the 50-day moving average sits at around 9,179<\/strong> . If we hold above that and clear the recent record high (~9,357<\/strong> from August), the top of the channel could be as high as 9,530<\/strong> by the end of next month.<\/p>\n DAX<\/strong><\/p>\n Pretty dead market at the moment. Price is near the floor of the April-to-date channel, RSI is below neutral 50 and we\u2019re essentially rangebound between roughly 23,400<\/strong> and the 50-day line near 23,900<\/strong> .<\/p>\n Not much to do unless we get an end-of-day close back above RSI 50 or a break of the 50-day line. On the downside, a pullback to the 200-day line around 22,800<\/strong> remains a risk.<\/p>\n Dow<\/strong><\/p>\n Three down days have taken some wind out of the sails, but price sits at an RSI support line near ~56 \u2014 a reasonable spot for a revival. Recent support around 45,600<\/strong> is important; staying above that and the 50-day (about 45,100<\/strong> ) keeps the bull case intact.<\/p>\n Clear the recent highs toward 46,700<\/strong> and the top of the 2024 rising trend channel points toward 47,700<\/strong> by the end of next month.<\/p>\n Cryptocurrencies<\/p>\n Bitcoin<\/strong><\/p>\n Bitcoin has slipped below the floor of its rising trend channel and the RSI reads poorly (~37<\/strong> ), so the chart looks uncomfortable right now. We\u2019ve factored in a test near turn-of-month support around 107k\u2013109k<\/strong> and there\u2019s the 200-day line around 104k<\/strong> to consider.<\/p>\n Only an end-of-day close back above the broken channel (111k<\/strong>) \u2014 and preferably above the 50-day (114k<\/strong>) \u2014 will get this market out of trouble. If we do recover, the top of the adjusted channel still points to a lofty target (132K<\/strong>\u00a0) by the end of next month, but time is running out.<\/p>\n Ethereum<\/strong><\/p>\n Hopes for a push to ~5,500<\/strong> look dashed for now. Even the adjusted rising trend channel is being tested \u2014 it\u2019s currently heading toward roughly 5,400<\/strong> .<\/p>\n Yesterday\u2019s low could be treated as channel floor, but we can\u2019t go much below 3,827<\/strong> without undoing prior support (July resistance at 3,920<\/strong> has already been breached). On the positive side, RSI bounced off ~30, so a speculative\/trader\u2019s entry around the 3,900<\/strong> area might suit those looking for a turnaround. Still, there\u2019s not much between 3,900<\/strong> and the August support near 3,300<\/strong> .<\/p>\n Gold<\/p>\n Easier picture here. Gold has found new support above early-September resistance, around 3,710<\/strong> , and that sets up a relatively direct move to the top of the April channel near 3,875<\/strong> . That target may come sooner than expected \u2014 possibly by the end of this month.<\/p>\n Worst case is a retest of mid-September support in the 3,600<\/strong> zone.<\/p>\n Small-cap watchlist<\/p>\n These are the stocks I mentioned \u2014 brief technical notes and the levels I\u2019m watching. Smaller-cap stocks are volatile and often illiquid; treat these as ideas rather than recommendations.<\/p>\n Key takeaways<\/p>\n Final word<\/strong><\/p>\n That\u2019s the run-through for September 26. Technical levels matter \u2014 especially where RSI, the 50- and 200-day moving averages and unfilled gaps line up. If you\u2019re trading any of the names above, mark the levels I\u2019ve called out and watch for end-of-day closes rather than intraday noise.<\/p>\n \u201c\u201dIdeally we stay above the 50-day line\u2026 and then head higher.\u201d\u201d<\/p>\n For regular chart updates and more small-cap ideas, follow the Bulletin Board Heroes coverage \u2014 I\u2019ll keep tracking these set-ups and call out anything that changes materially.<\/p>\n Disclaimer & Declaration of Interest:<\/strong><\/p>\n The information, investment views, and recommendations in this Zaks Traders Cafe interview are provided for general information purposes only. Nothing in this interview should be construed as a promotion or solicitation to buy or sell any financial product relating to any companies under discussion or referred to or to engage in or refrain from doing so or engage in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.<\/p>\n If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com<\/a> or follow SHARE TALK<\/a> on our Twitter page for future updates.<\/p>\n\n
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