Weekly Market Analysis: S&P 500, NASDAQ, Euro, and Gold

TLDRIn this weekly market analysis, we discuss the performance of the S&P 500, NASDAQ, Euro, and Gold. The S&P 500 and NASDAQ have seen an impressive run-up, with multiple green monthly candles and bullish weekly candles. Key levels to watch include 52,475 and 52,240 for the S&P 500, and 18,600 and 18,415 for the NASDAQ. Meanwhile, the Euro is at a crucial support level of 1.0756, and a break below could lead to further downside. Finally, Gold has been on a tear, reaching new all-time highs, with key levels to watch at 2,149 and 2,067.

Key insights

📈The S&P 500 and NASDAQ have seen impressive bullish runs, with multiple green monthly candles.

💰Gold has been on a tear, reaching new all-time highs.

📉The Euro is at a crucial support level of 1.0756, and a break below could lead to further downside.

Q&A

What are the key levels to watch for the S&P 500?

—Key levels to watch for the S&P 500 are 52,475 and 52,240.

What is the support level for the Euro?

—The support level for the Euro is 1.0756.

Has Gold reached new all-time highs?

—Yes, Gold has reached new all-time highs.

Timestamped Summary

00:08Introduction and holiday weekend update

01:00Overview of the S&P 500 performance

08:31Analysis of the Euro's crucial support level

14:07Discussion on Gold's impressive performance

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