Weekly market preview – week of Feb. 20, 2017

Posted on by February 20, 2017

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.

Read or download the Market Preview here

[gview file=”https://www.naturus.com/wp-content/uploads/2017/02/170220-Weekly.pdf”]

 

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