- MACD and price is showing negative divergence in daily chart which is slightly negative . But if price gives a breakout above 1227 this negative divergence will vanish.
- Second chart shows SPX in a broad trading range with 1172 as low, 1227 as high and 1200 as middle point. Unless S&P 500 gives a breakout next week this index will remain in this range with negative bias. A strong breakout can take SPX to 1250 levels initially.
- GOLD MAY TEST THE ALL TIME HIGH
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