Summary:
- S&P500 index may show some early profit-taking, but we expect traders to continue to buy the dips.
- Oil could continue to be range-bound inside the $55 to 52 range
- GOLD is approaching a decision level at $1247 to $1252. If it breaks up, expect the price to move higher. If it fails to break out, expect the price to stay in a consolidation area.
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