S&P500
Monthly chart: bulls can’t make it. Flatcorrection continues.
Weekly chart: the sideways range 2055.2-2136.9 is kept. ADX is not close to the penetration this week but we expect it to break down.
Daily chart: a flat corridor with a local resistance of 2050.6-2136.9 (The middle Bollinger band).
Expectations: flat 2060.0-2099.8
Trading solutions:
1) Sales from 2060.0 to 2099.8.
2) Looking for sell signals from 2099.8
"Brent" oil
Monthly chart: the bottom Bollinger band moved to 37.65. This is an actual aim of oil drop.
Weekly chart: the penetration of the bottom envelope shows that Brent crude oil is in a bear market.
Expectations: so, we wait for the oil drop to be kept and also it is probably might be much faster. And we should consider a probable move up to 54.49
Trading solutions:
1) open sales are meant to be kept to 37.65
2) we shall add a position in the case of the pullback to 54.49 is.
Gold
Monthly chart: we look on the penetration of the bottom Bollinger envelope. It may be an important sign for the drop under 1000.0
Weekly chart: the middle Bollinger band is on 1175.56 where a probable sell gold position is.
Daily chart: a local resistance 1111.06, support 1056.23
Expectations: growth to 1111.06 and then decline to 1056.23
Trading solutions:
1) sales from 1111.06 to 1056.23