S&P500 Index CFD Weekly - 17 - 21 Aug 2020
Price stay near six month's high defy last Friday losses, futures pick-up above 3,370 during Tokyo session. Risk barometers recently gained from the news that the US Congress will reconvene later this week. Even so, the coronavirus (COVID-19) woes and the US-China tussle keeps the risk-on mood pressured.
Technically we are still looking at bullish uptrend channel and high probability downside is limited as price steady inside current channel
Technically we are still looking at bullish uptrend channel and high probability downside is limited as price steady inside current channel
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