Market preview – week of June 24, 2019

Summary

  • The S&P500 index is expected to retrace early in the week and bounce from the mid-week low area for a higher end of month settlement.
  • Oil is expected to retrace from the overhead resistance line for a breakout line test at $54.50-$55 area
  • GOLD is expected to have a mini-pullback early in the week. $1350 is a key support line.

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