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Sergey Golubev, 2018.04.15 10:24
Weekly Fundamental Forecast for S&P 500 (based on the article)
S&P 500 - "Looking ahead to next week, the calendar is light on data with the only ‘high’ impact release arriving on Monday via the March Advance Retail Sales figures. Geopolitical tensions with Syria/Russia and ‘trade war’ talk could continue to be a threat on the headline front. The S&P continued last week to be volatile but without much direction as it sorts itself out following another test of the 200-day MA and Feb 2016 trend-line. A boost higher out of the coiling range could have the index poised for a test of the trend-line off the highs in the vicinity of 2735. A push back lower will have big support in focus, but for as long as it holds the market will remain neutral at worst. A breakdown with momentum will be required to shift the focus towards another risk-off event."
The chart was made on Metatrader 5 using HWAFM tool pattern tool from this post.