Market preview – week of December 23, 2019

Summary

  • The S&P500 index has a very short-term overbought condition, and may start pulling back sometime this week. But the movement could be over very quickly: a fast drop and a fast bounce.
  • Oil  is expected to retrace near the $57.50 area this week.
  • GOLD  is expected to hold above $1445 level for the rest of year.

Full weekly preview (free)

Download link: (191223-weekly.pdf, 1.27MB)

 

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