All Research

S&P500 set for further gains

The interruption of a broadening top pattern in the S&P500 means that further gains are likely for the index in the months ahead, says Peter Lee at UBS. He also discusses if the super bull cycle in commodities has really ended and the continued bearish outlook for EURUSD.

Retail sector a red flag for S&P500

Divergence between the S&P500 and the retail sector within it is a red flag that the market may be nearing a top, says Riccardo Ronco at Aviate Global. Although the trend in the overall market remains bullish for the present, the 52-week % spread of retail/S&P has fallen sharply since the start of the year.

More downside for 10-year gilts

The market remains bearish for 10-year gilts after reaching the target of 109.24, says Dmytro Bondar at RBS. However, as prices approach the lower Bollinger band, a bullish correction/consolidation should be expected but this will be followed by the return of downside pressure.

S&P500 bull run intact?

The uptrend in the S&P500 is still intact, according to Andy Dodd at Louis Capital Markets, despite recent calls of an approaching top in US stocks. Apart from Fibonacci levels, prices face no significant resistance levels going forward, he says.

Oil and gold outlooks remain bearish

Brent crude remains in a long-term consolidation pattern with declining highs putting the balance of risks on the downside, says Maxime Viemont’s team at BNP Paribas. Meanwhile, gold looks set to test its 12 year trendline a break of which would pave the way for a significant downward correction. He also discusses stocks, bonds and FX.