US retail sales
BOE Carney speaks
US stock market holding up well as markets is expecting Fed to cut rates. But we expect this run up will not last for too long as trade wars and economic data will likely prevent further stock markets to go higher.
Usd remains under pressure with safe havens in demand
Recommendation: further upside seen (stop 1238)
A test of 1370 is possible
Resistance : 1348 / 1355 / 1360
Support : 1340/1335 /1330
Sell S&P with a stop 2970
Expecting a sell off in the stock markets soon as we believe this recent upmove is not sustainable base just on the perception of a Fed cut
Over bought conditions and potential candlestick reversal on the daily charts
Disclaimer : Any data and information provided is for the sole purpose of assisting traders to make independent investment decisions and is not intended for trading purposes or advice. Goldfx Investment Co Ltd will not accept liability for any loss or damage.