S&P500
Monthly : so the price has successfully reached the bottom Bollinger band and has broken a new Low, confirming the trend reversal. ADX has not yet turned around and did not reach the trend value, so a rollback to the middle Bollinger band (2005.9) is possible, and then a new phase of decline will begin.
Weekly: strong support in the area of the bottom band (1866.6). We reaffirm our focus on the middle band (2005.9)
daily: more localized resistance in the area of 1964.8 (middle Bollinger Band). With high probability, from there we will see the movement to the bottom band (1814.8)
Expectations: correction up to 1964.8 and then decline to 1814.8
solutions:
1)Buy to 1964.8
2)Sales from 1964.8 to 1814.8
Brent
Monthly: in spite of the substantial upward correction at the end of the last week, oil keeps the focus to the medium-term objective 20.60 (the bottom Bollinger Band)
Weekly: maximum height of correction - 43.70 (middle Bollinger Band). But meanwhile it is difficult to imagine reaching such a level, so we shall be careful with their purchases
daily: intermediate resistance 33.69 (middle Bollinger Band). Brent may fall from the zone to the bottom band (27.04)
Expectations: touch of 33.69 and then drop to 27.04
solutions: sales from 33.69 to 27.05
Gold
Monthly: an upward correction has started toward the middle Bollinger band (1194.01), from where bears again will try to lower prices to the area 1040.34 (bottom band)
Weekly: intermediate resistance 1106.72 (middle Bollinger Band) are under load on the background of convergence of bullish oscillator, therefore we believe in a further growth to 1194.01
daily: in the next week the gold can be in the range of the upper Bollinger envelope (1084.59-1106.72)
Expectations: drop to 1084.59 and then fligh to 1106.72
solutions: buy from 1084.59 to 1106.72