Sunday, 2 June 2019

Weekly Technical Forecast: Dow, Dollar and Oil Suffer Varying Degrees of Reversal

A slow turn in a host of benchmark assets this past week hit a flash point Friday with dramatic consequences. The US indices have triggered head-and-shoulders reversal patterns, oil dove beyond midpoint of its December to April rally and the usual safe haven Dollar checked lower. What do the charts say are in store next week?


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