- The S&P500 index is expected to go higher early in the week and retrace in later week days.
- Oil is still expected to stay inside the range established by the 200- and 50-dEMA lines. As long as oil stays inside that range, the $42.50 level is still resistance and the $37.50 area is still support.
- GOLD is expected to test the $2005 area in the early days of the week or make new highs. Any pullback will be bought by new buyers.
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