- The S&P500 index is expected to pull back first and bounce later this week. How far the pullback will go depends on how traders react to news of the latest Covid virus infection.
- Oil is expected to stay in the range between the 200- and 50-dEMA lines. As long as the $41.50 level is not broken to the upside, oil still could retest the $37 area.
- GOLD is expected to retrace to test the $1795 area first, then bounce again later in the week.
Full weekly preview
Or click the pop-out arrow in the top left corner of the image to read it on this page.