Market preview – week of August 31, 2020

Summary

  • The S&P500 index  is expected to search for its ultra-short-term top this week and pull back to retest the 3400 level at some point.
  • Oil  is expected to make a breakout move above $43.52 – the 200-wEMA line —  this week.
  • GOLD  is expected to pull back to retest the $1950 line this week.

Full weekly preview

Download link: (200831-weekly.pdf, 673KB)

 

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