Weekly preview

Market preview – week of Mar. 25, 2019

Summary The S&P500 index is expected to have a continuation low move first before the GDP report Thursday, and (assuming no disasters) bounce into the end of the week. Oil is expected to have a further decline to test the bottom of the rising trend channel early in the week; it may bounce later. GOLD could go in either direction this week. The GDP revision on Thursday will help determine the next move. Full weekly preview (free) Download the full market preview here. Or click … Continue reading

Market preview – week of Mar. 18, 2019

Summary The S&P500 index is expected to have a short-term retracement soon. Oil is expected to have a minor pullback early in the week and bounce later. GOLD is at an inflection point, with the possibilty of moving in either direction. Some sort of decision should be made this week. Full weekly preview (free) Download the full market preview here. Or click the pop-out arrow in the top left corner of the image to read it on this page.   … Continue reading

Market preview – week of Mar. 11, 2019

Summary The S&P500 index is expected to repeat last Friday’s trading range first, then bounce from whatever low is made Monday or last Friday into the option expiration Friday of this week. Oil is expected to remain inside the current range for consolidation until it breaks either the resistance line or the support line. GOLD is expected to have a continuation bounce and move back around the $1325 area. Full weekly preview (free) Download the full market preview here. Or click the pop-out arrow in … Continue reading

Market preview – week of Mar. 4, 2019

Summary The S&P500 index is expected to start a minor pullback this week, but every deep dip could be bought by new buyers. Oil is expected to pullback a little further to or near the $54.50 area and bounce back up to last week’s high. GOLD is expected to test $1270-$1275 zone if the price stays below the $1315 line. Full weekly preview (free) Download the full market preview here. Or click the pop-out arrow in the top left corner of the image to read … Continue reading