Market preview – week of May 6, 2019


  • The S&P500 index is expected to have a minor pullback early, but as long as the index holds above the 50-dEMA line, it is bullish. We expect to see buyers continue stepping in if/when the price pulls back.
  • Oil is expected to see some oversold bounce. This may take the form of a dump-and-bump move.
  • GOLD is expected to remain in a sideways consolidation range first, but there is a strong chance it will challenge (but initially not break) overhead resistances.

Full weekly preview (free)

Download the full market preview here.

Download link: (190506-weekly.pdf, 598KB)

Or click the pop-out arrow in the top left corner of the image to read it on this page.