Market preview – week of October 7, 2019

Summary

  • The S&P500 index is expected to have a continuation rally early in the week and retrace later. China will finish the “golden weekend” holidays on Tuesday, and China trade-deal news will then begin to influence the US market.
  • Oil is expected to have a sideways move this week. The major resistance zone should hold the price down.
  • GOLD is expected to stay below $1535.50-$1545 and retest the $1485-80 zone.

Full weekly preview (free)

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