Weekly Prep - SPX USOIL GOLD SIlver and DXY
ALL in the video, SP 3900 level may come first but I expect a substantial bounce either Monday or after a flush to 3900. Gold and silver at support but I'm concerned if it keeps following the stock market. The US dollar could go slightly higher before a move down to 100.
Commentaire:
GOod monring, bounce overnight but we may be in sort of channel, if it rejects this morning. I expect 3900 by Wednesday.
Commentaire:
a little higher but hourly bear divergences are building
Commentaire:
if it's a short, stops would be above this mornings high. This is what I think is coming
Commentaire:
1-2 look close to being finished. 3 next which means a likely gap down IF this is correct.
Commentaire:
channel of futures has held overnight, my guess is it will visit the lower part again near 3920. A break above 4k and the market is going higher according to this structure...
