Market preview – week of Dec. 10, 2018

Summary The S&P500 index is expected to have a dip first before the price bounces this week. Oil is expected to continue going sideways within the $55-$49 range this week. GOLD is expected to have a pullback if it fails to break through the overhead resistance line at $1265. Download the full preview here Or click the pop-out arrow in the top left corner of the image to read on this page.   … Continue reading

Market preview – week of Dec. 3, 2018

Summary The S&P500 index is expected to have a high volatility move this week. Price could have a big swing in either direction. Note that the NYSE (but not Globex) will be closed Wednesday. Oil is expected to start a short-term bounce this week. GOLD is expected to continue having a choppy move in reaction to external news. Download the full preview here Or click the pop-out arrow in the top left corner of the image to read on this page.   … Continue reading

Market preview – week of Nov. 26, 2018

Summary The S&P500 index is expected to have a minor bounce, but the overall outlook is not too good. Oil is expected to search for a minor support this week, but for the long run it is bearish. GOLD is expected to continue holding above $1200 level and attempt to reach overhead resistance lines Download the full preview here Or click the pop-out arrow in the top left corner of the image to read on this page.   … Continue reading

Market preview – week of Nov. 19, 2018

Summary The S&P500 index is expected to have a whipsaw move to shakeout the weak hands on both sides. The short trading week will likely increase volatility leading into the holiday. Oil is expected to have a brief bounce this week GOLD is expected to hold above the $1200 level for a further rally. Download the full preview here Or click the pop-out arrow in the top left corner of the image to read on this page.   … Continue reading

Market preview – week of Nov. 12, 2018

Summary The S&P500 index will have a major November option expiration this week, with increased volatility early, and relatively low volatility toward the end of the week. Oil is expected to have a brief bounce from its February low area. GOLD is expected to hold around the $1200 level for a while first and then go lower. Download the full preview here Or click the pop-out arrow in the top left corner of the image to read on this page.   … Continue reading