Weekly Preview - SPX USOIL GOLD TYX BTC
Updated
Bias is still up n the SPX and getting over 4800 is likely. USOIL is at a decision point. Gold rallied hard friday but to me it seems like a kick back rally. TYX looks like it will pullback, thus supporting more upside in the spx. BTC has lost it's channel and I believe it's an objective short from here for a while.....
Note
18ma reached overnight. if it gets lost we'll go near 4700. Note
both DJT and IWM are outperforming to the downside, they sometimes act as a leading indicator to the SPX.Note
We appear to be in some kind of triangle. A breakup is bullish and a breakdown is bearish. Right now rsi is leaning towards up. Note
no change, still in this little box. I believe it will go higher and whatever sold off today will bounce. Note
they came down overnight and are under the 18daily ma, but IWM is at support and i think the general market will bounce from these levels. Will update when I can. Note
OIL may crack 70 soon - looks ominous Note
SPX getting a bounce, if they can get back into the support zone and hold, it's bullish. Red and Green paths are both possible. Note
good morning, there's the bounce to the 18ma daily. Bears want to see this reject as it was support for the last week. Bulls want to get up and over it for the day. Good luck!Note
Update on the markets - 
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.