Gold's Head & Shoulders Pattern Confirmed

Momentum Shifts Towards Key Trendline

The Nasdaq 100 has shifted momentum after a key short-term moving average rejected short-term price movement earlier today. As a result, tech stocks are potentially under pressure to correct lower especially if a 9-month rising trendline is broken to the downside.

Potential Head & Shoulders Pattern Forming In Gold

Speculators Send Conflicting Signals

Bond Speculators Re-assert Their Bearish View

Equities Blow Through Key Levels To Eye Recent Highs

US equity indices ripped through their 50-day MA's to flip momentum back towards the 2019 highs.

Volatility Receeds Shifting Focus To Key Moving Averages For Equities