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WEEK IN REVIEW
送交者: 保3奔4冲5[★★声望品衔10★★] 于 2021-01-10 20:01 已读 1058 次  

保3奔4冲5的个人频道

WEEK IN REVIEW Market Recap and General Outlook

Once it was clear Democrats won the senate investors rushed into stocks assuming fiscal spending frenzy The Wednesday rally was cut short on riot at the Capitol Stocks surged on the certification of Biden’s win There was surprise loss in jobs; 140,000 jobs lost Stocks have been choppy on Friday The time is right for a top 6park.com

Index and Bond Updates

Major indexes are up between .5% – 1.3% for the week RUT is up around 5% 30-Year bond market is down about 2.25% 10-Year yield is up to 1.10%, likely to go higher Gold is down over $40 for the week The Dollar is up about .2% The Oil market is up more than $3.00

MARKET WEEK – Gold Market – 1-3 MONTH VIEW Gold Futures – (/GC) 6park.com

Breakdown is negative for the short term Breaking $1806 would be negative for the big picture Look for an attempted rally before chopping down Negative momentum for the short term Longer term momentum is still positive

MARKET WEEK –  STOCK MARKET 1-3 MONTH VIEW 6park.com

S&P 500 – (SPX)

Projected for a correction to around the $3435 area Likely to make top in the next 1-2 weeks before correction $3510 is likely the best case on the downside Momentum is still positive 6park.com

Russell 2000 Index – (RUT) A correction is likely coming Projected for some higher highs before turn down Downside target is around $1840 Has reached the highest level of an overbought condition Looking for a decline from around early February to early March


贴主:保3奔4冲5于2021_01_10 20:13:20编辑
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