Analyzes

Tesla continues to see support on dips, as Tuesday has seen a bit of a turnaround.

Short-term pullbacks will continue to be potential buying opportunities with the 50-day EMA at the 25,208 level offering support right along with the 25,000 level. I still believe in the NASDAQ 100 going higher, but the holiday will make things quiet for now.

The Chinese yuan continues to threaten a break below the 7 handle, something that could kick off a cascade of selling.

The Euro drifted a little bit lower against the US dollar again on Tuesday, trying to find a way to rally through the massive 1.18 area.

The GBP/USD exchange rate pulled back on the last trading day of the year as the recent bull run faded. It also pulled back after the Federal Reserve published minutes of the last meeting. It dropped to 1.3450, down from this month’s high of 13535.

Bitcoin price remained in a tight range on the final trading day of the year, capping a year in which it underperformed other assets like gold and the stock market. The BTC/USD pair was trading at 88,340, down by 30% from its highest level this year.