SPX500 Weekly Review
Wave Analysis
Few days ago, SPX500 continued to the upperside and even went above 4755.1-4718.8. As long as the price remains above the upper zone, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave (5) to the upperside and may see the price break above 4890.90 towards 5000.00 and may continue much higher. If you are looking at this chart, keep looking for low risk buy positions.
Trade Recommendations:
We're buyers towards 5000.90.
Gold Weekly Review
Wave Analysis
Few days ago, Gold bounced off from the lower trendline, headed straight to the upperside and is still showing signs of continuing much higher. As long as the price remains above the upper trendline, I expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave (5) to the upperside and may break beyond the upper trendline towards 1894.29.
Trade Recommendations:
We're buyers towards the upper trendline.
CAC40 Weekly review
Wave Analysis
After bouncing off from the lower trendline. CAC40 rallied to the upperside and is still showing signs of continuing much higher. On this chart, we are looking forward to a possible break above the upper trendline to push the price much higher with the next ideal target set at 10,000.00 and may continue much higher. If the price should rebound from the upper trendline, then we will be looking for a possible long term sell towards the lower trendline.
Trade Recommendations:
We're long towards 10,000.90.
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