Market preview – week of Mar. 23, 2020

Summary

  • The S&P500 index  is expected to have some short-term oversold bounce. But as long as index stays under 2700, the trend is down, and more selling should be expected after a good bounce.
  • Oil  is expected to hold above $18.00-$16.50 this week.
  • GOLD  is expected to stay under $1650.00 if there is a bounce early in the week and then form a daily bearish H&S pattern.

Full weekly preview

Download link: (200323-weekly.pdf, 1.27MB)

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