Posts

Showing posts from September, 2019
Image
Weekly summary Week 36 SPY  Overall looks still good. Formed higher low and attempt to break 294. Next to see if it break 294 or come down retest on a higher low. QQQ Similar to SPY, having higher lows and trying to break 189. GLD Gold remain all time high since Mar 13 (6.5 years). To see if it remains high and break 150, it would be a critical moment watching stock come down in 1 to 2 months. USDCNY USDCNY continue to form all time high, in respond to trade war escalation. China continue to leverage currency to dampen the effect of tariff. DXY With still on target GDP (prelim) economics indicator and stronger than expected personal spending, USD continue to sore to 1-year high. This cause foreign investor continue to stay investing in US. XLU & XLP Continue moving up and it can serves as indicator that sector rotation is happening for investor to seek for safer sector. XLRE Housing and real estate is moving in an uptrend. It indicating, the ec