Market preview – week of May 18, 2020

Summary

  • The S&P500 index  is expected to hold  up last week’s low and attempt to test the 200-dEMA line again.
  • Oil  is expected to hold above $25 level and keep going up.
  • GOLD  is expected to hold the price above a breakout level at $1714; this week the gold futures will roll over into the August contract.

Full weekly preview

Download link: (200518-weekly.pdf, 1.26MB)

 

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