Weekly market preview – week of April 17, 2017


  • The S&P500 index is expected to have a further decline this week. At least it could retest the March low around 2317.75.
  • Oil: $50.35 will be a key line to watch. As long as oil price holds above it, buyers will try to hold their long positions.
  • GOLD broke out through the $1262 level, and the price will try to hold Gold up above that level this week
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