Weekly Market Forecast: Wait For BUYS! Stock Indices and Gold

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In this Weekly Market Forecast, we will analyze the S&P 500, NASDAQ, DOW JONES, Gold and Silver futures, for the week of May12 - 16th.

The Stock Indices were sluggish last week, holding at support. Wait for a market structure shift to the upside to confirm buys.
Gold and Silver may move higher, as India and Pakistan, Gaza and Ukraine are increasingly troublesome.

CPI Data on Tuesday. This could be a strong market mover.

Enjoy!
May profits be upon you.

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All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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Weekly FOREX Forecast: May 12 - 16th
USD EUR GBP NZD AUD CAD CHF JPY
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UPDATE: Trump just announced a trade deal with China about an hour ago. The stock indices opened with a huge gap up. Gold opened with a gap down, though. It may head to the FV Area I highlighted in the video.
Bears watching.
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- Dollar surges as US and China reach deal to slash tariffs
- US inflation and retail sales data may impact Fed expectations
- India-Pakistan ceasefire, looming Ukraine-Russia talks calm tensions
The trading environment has switched to a risk-on, therefore the forecasts this week must be adjusted accordingly. Stay tuned for new analysis for the week ahead.
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UPDATE!
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