- Major equity indices remain in multi-month range
- Oil remains in short term range
- Europe continues uptrend
- US Dollar breaks support
S&P 500 (Daily):
The S&P 500 remains in its multi-month range. A close at new highs would be indicative that a new uptrend will start.
WTI Daily:
Oil remains in a short-term range between approximately $59.00 and $62.00. Due to the recent uptrend it would be expected the break of this range would be to the upside.
VGK (Daily):
Europe remains one of the best performing markets YTD. After breaking its recent consolidation, the uptrend is still in full force.
US Dollar (Weekly):
The US dollar broke through its recent support last week. It is expected the US dollar has further downside.
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