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Weekly Review

Weekly Review | 12 November 2021

SPX%00 Weekly Review

Wave Analysis

During the previous trading week, SPX500 rallied to the upper side and is still pretty much bullish both on the weekly and on the monthly charts, on this chart basically, we expect buyers o take full control as long as the price remains above the Alligator indicator, if you are on this chart now, only buy positions looks ideal and can be recommended.
Trade Recommendations:
We're buyers

 Gold weekly review

Wave Analysis
During the previous week on Friday, Gold rallied to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As it is right now, we are looking for long term buy positions towards the trendline we have at the very top. If the price should break and close beyond this trendline, then further rally towards 1908.90 is expected.
Trade Recommendations:

 We're buyers towards the upper trendline.

Brent Oil Weekly Review

Wave Analysis:

Earlier today, Brent oil gapped to the upper side and is still showing signs of continuing much higher. If you are you looking at this chart right now, and is still pretty much bullish both on the daily and on the weekly charts, if you are looking at this chart right now, keep looking for low risk buy positions expecting a break beyo9nd the recent higher high towards 80.90 and may extend much higher. Basically, on this chart, only sell positions looks ideal and can safely be recommended towards 80.90. 
Trade Recommendations:
We're buyers towards 80.90.
Bob Stan
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