Market preview – week of October 14, 2019

Summary

  • The S&P500 index has a major option expiration this week. A whipsaw movement could be seen in the early week days with lower volatility at the end of week.
  • Oil is expected to hold above $53.50 to move back up to the 20- and 50-dEMA line area.
  • GOLD is expected to stay under $1535.50-30 zone and attempt to go lower or retest the $1485-80 zone.

Full weekly preview (free)

Download link: (191014-weekly.pdf, 583KB)

 

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