| Gold | Today | Next few days | Next few weeks |
| Trend | Up | Up | Down |
| Action | Buy | Buy | Sell |
| Trend reversal | 50% | 50% | 75% |
| Key Reversal Levels | |||
| Gold spot | below 1316 | below 1316 | above 1372 |
| Gold Future | below 1317 | below 1317 | above 1373 |
| Trade setups | |||
The trend is likely to reverse when the trend reversal is 75%. A breach of a key reversal level implies a neutral position.
Research provided by e-Yield
| S&P 500 | Today | Next few days | Next few weeks |
| Trend | Down | Up | Down |
| Action | Sell | Buy | Sell |
| Trend reversal | 25% | 25% | 50% |
| Key Reversal Levels | |||
| S&P 500 cash | above 1980.5 | below 1944.5 | above 1983 |
| S&P 500 Future | above 1973 | below 1937 | above 1975 |
| Trade Setups | |||
The trend is likely to reverse when the trend reversal is 75%. A breach of a key reversal level implies a neutral position.
Research provided by e-Yield
| Gold | Today | Next few days | Next few weeks |
| Trend | Up | Up | Down |
| Action | Buy | Buy | Sell |
| Trend reversal | 50% | 25% | 75% |
| Key Reversal Levels | |||
| Gold spot | below 1306 | below 1306 | above 1372 |
| Gold Future | below 1306.5 | below 1306.5 | above 1372.5 |
| Trade setups | |||
The trend is likely to reverse when the trend reversal is 75%. A breach of a key reversal level implies a neutral position.
Research provided by e-Yield
| S&P 500 | Today | Next few days | Next few weeks |
| Trend | Down | Down | Down |
| Action | Sell | Sell | Sell |
| Trend reversal | 50% | 50% | 50% |
| Key Reversal Levels | |||
| S&P 500 cash | above 1968 | above 1971 | above 1980 |
| S&P 500 Future | above 1960 | above 1963 | above 1972 |
| Trade Setups | |||
The trend is likely to reverse when the trend reversal is 75%. A breach of a key reversal level implies a neutral position.
Research provided by e-Yield
| Gold | Today | Next few days | Next few weeks |
| Trend | Down | Down | Down |
| Action | Sell | Sell | Sell |
| Trend reversal | 50% | 50% | 75% |
| Key Reversal Levels | |||
| Gold spot | above 1324.5 | above 1324.5 | above 1373 |
| Gold Future | above 1325 | above 1325 | above 1373.5 |
| Trade setups | |||
The trend is likely to reverse when the trend reversal is 75%. A breach of a key reversal level implies a neutral position.
Research provided by e-Yield
| EUR/USD | Today | Next few days | Next few weeks |
| Trend | Up | Up | Down |
| Action | Buy | Buy | Sell |
| Trend reversal | 25% | 25% | 50% |
| Key Reversal Levels | |||
| EUR/USD spot | below 1.3601 | below 1.3560 | above 1.4000 |
| EUR/USD Future | below 1.3600 | below 1.3559 | above 1.4009 |
| Trade setups | |||
The trend is likely to reverse when the trend reversal is 75%. A breach of a key reversal level implies a neutral position.
Research provided by e-Yield
The decline is well underway in the FTSE but the S&P is still trading near the recent high. There is a lack of fear in the US, the CBOE volatility index (VIX) also known as the fear index is at record low. When there is no fear investors are complacent, and when investors are complacent we should be fearful. History tells us that complacency can lead to a market crash, this is why we must be cautious. The latest economic reports were disappointing, yet the S&P closed up. Durable goods orders and GDP were lower than expected, but because there is no fear stocks rose. Sentiment is bullish but a correction is underway in the UK.
| FTSE 100 | Today | Next few days | Next few weeks |
| Trend | Down | Down | Down |
| Action | Sell | Sell | Sell |
| Trend reversal | 50% | 25% | 25% |
| Key Reversal Levels | |||
| FTSE 100 cash | above 6785 | above 6841 | above 6895 |
| FTSE 100 Future | above 6738 | above 6794 | above 6848 |
| Trade Setups | |||
The trend is likely to reverse when the trend reversal is 75%. A breach of a key reversal level implies a neutral position.
Research provided by e-Yield
| S&P 500 | Today | Next few days | Next few weeks |
| Trend | Down | Down | Down |
| Action | Sell | Sell | Sell |
| Trend reversal | 50% | 50% | 50% |
| Key Reversal Levels | |||
| S&P 500 cash | above 1968 | above 1970 | above 1979 |
| S&P 500 Future | above 1959.5 | above 1961.5 | above 1970.5 |
| Trade Setups | |||
The trend is likely to reverse when the trend reversal is 75%. A breach of a key reversal level implies a neutral position.
Research provided by e-Yield
| EUR/USD | Today | Next few days | Next few weeks |
| Trend | Down | Down | Down |
| Action | Sell | Sell | Sell |
| Trend reversal | 50% | 50% | 50% |
| Key Reversal Levels | |||
| EUR/USD spot | above 1.3632 | above 1.3643 | above 1.4000 |
| EUR/USD Future | above 1.3630 | above 1.3641 | above 1.4008 |
| Trade setups | |||
The trend is likely to reverse when the trend reversal is 75%. A breach of a key reversal level implies a neutral position.
Research provided by e-Yield
| S&P 500 | Today | Next few days | Next few weeks |
| Trend | Down | Down | Down |
| Action | Sell | Sell | Sell |
| Trend reversal | 50% | 50% | 75% |
| Key Reversal Levels | |||
| S&P 500 cash | above 1955.5 | above 1955.5 | above 1969 |
| S&P 500 Future | above 1954.5 | above 1954.5 | above 1968 |
| Trade Setups | |||
The trend is likely to reverse when the trend reversal is 75%. A breach of a key reversal level implies a neutral position.
Research provided by e-Yield
