opinion

S&P 500 bullish reversal called – and now?

Kitco Media
By Monica Kingsley
Published:
Updated:
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S&P 500 bullish reversal called – and now? teaser image

S&P 500 made a bearish Sunday gap, got weaker premarket, and then turned around to rise steeply through the first few hours of Monday‘s session – clients were ready thyrough the weekend premium article, and via the intraday and equities premium Telegram channels, incl. intraday consolidation and end session profit taking episode…. Bringing in +38 ES pts gain intraday as you can see below (how should swing traders approach this week and risk-off start to it?)

Moody‘s downgrade had been clearly shaken off, but be ready for a trappy week with minimum economic data drivers and drying up liquidity as we head into the weekend… and this expectation given the various ratios and sectoral performance on my watch way beyond what I presented in today‘s video covering as well gold, silver and Bitcoin, is what will power Trading Signals and Stock Signals clients ahead.

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Keep enjoying the lively Twitter feed with my tab open at all times (notifications on aren't enough) – combine with subscribing to extras on my daily Youtube channel (turn notifications on) and of course Telegram that always delivers my extra calls (head off to Twitter to talk to me there) – but getting the key daily analytics right into your mailbox is the bedrock.

So, make sure you‘re signed up for the free newsletter and make use of Twitter, Telegram and Youtube - benefit and find out why I'm for years the most blocked market analyst and trader on Twitter. 

Let‘s move right into the charts (all courtesy of www.stockcharts.com) – today‘s full scale article contains 4 more of them, with commentaries.

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Thank you for having read today‘s free analysis, which is a small part of my site‘s daily premium Monica's Trading Signals covering all the markets you're used to (stocks, bonds, gold, silver, miners, oil, copper, cryptos), and of the daily premium Monica's Stock Signals presenting stocks and bonds only. Both publications feature real-time trade calls and intraday updates.  Forget not the lively intraday Telegram channels for indices, stocks, gold and oil - here is how you can join any advantageous combination of these.

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Thank you,

Kitco Media

Monica Kingsley

Monica Kingsley is a trader and financial analyst serving countless investors and traders since Feb 2020. Trade calls and writing are her cup of tea as much as a unique combination of macro, intermarket and technicals applied with in-depth experience. Having been at the markets when Great Recession arrived, she experienced many bull and bear markets - be it in stocks, bonds, precious metals or oil.
Check her out at https://www.monicakingsley.co

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Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.