Weekly Market Preview – week of Jan. 30, 2017

Summary:

  • S&P500 index is expected to form an inverted island gap pattern this week. A move below 2280 would hint at a short term correction may be on the way soon. But any pullback will be brief.
  • Oil is expected to have a narrow range breakout move this week.
  • GOLD should have a continuation low pullback move first if there are no external events to interfere.

Read or download the full analysis here:

Download link: (170130-weekly.pdf, 686KB)

 

Looking for the current daily updates? Links are in the right-hand sidebar.

Looking for the previous daily updates? The link is in the top menu bar.