S&P 500 futures formed a weekly doji after hitting the short term resistance at 2806. The index is expected to linger around this level with higher probability to the upside.
Crude oil futures dropped below 20 weekly SMA after failed to protrude 67.15 resistance last week despite several attempts. Suggest to liquidate all the position as the support has broken. Wait for a clear signal to re-enter the market. The next strong support 58.34 (50 week SMA) is a strong key support area.
Gold futures ended at $1282. As it is near the bottom of the trendline, suggest to hold on to the position if position has been established last week. If there isn’t, then wait for a bullish reversal signal to initiate a bullish position.