Market preview – week of September 28, 2020

Summary

  • The S&P500 index  is expected to go up first and pull back later this week. 3325 is a control key for any upside move and 3235 is a key to control any downside move.
  • Oil  is expected to have a sideways movement around the 50-200-dEMA lines first and later in the week chop around to shake out the weak hands. Swings in both directions are possible.
  • GOLD  is expected to hold the price above the key line at $1850. But the overhead resistance line at $1920 will remain solid.

Full weekly preview

Download link: (200928-weekly.pdf, 616KB)

 

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