Readying S&P 500 Slide

Published on

S&P 500 made another lower high yesterday (good for a fine entry), and the sectoral composition with rising utilities isn‘t at all bullish, and financials can‘t balance that out. Former three leaders (XLK, XLC and XLY) set the tone, and positioning is on for rising yields, with also gold failing to catch an intraday bid. Seems much expectations of end of disinflation and return of sticky, slowly rising inflation – correctly so.

I‘ll keep covering live for you the market moves on Twitter and Telegram – chart commentary and directions follow. Thus far, the opening selling into a bit hotter CPI, is struggling with follow through, but my timing for sellers‘ return is proving correct – and it must stick after the open to make sense.

Keep enjoying the lively Twitter feed via keeping my tab open at all times (notifications on aren’t enough) – combine with subscribing to my Youtube channel, and of course Telegram that always delivers my extra intraday calls (head off to Twitter to talk to me there), but getting the key daily analytics right into your mailbox is the bedrock.

So, make sure you‘re signed up for the free newsletter and make use of both Twitter and Telegram – benefit and find out why I’m the most blocked market analyst and trader on Twitter.

Let‘s move right into the charts (all courtesy of – today‘s full scale article contains 3 of them.

Gold, Silver and Miners


Gold isn‘t yet done declining, and yesterday‘s session doesn‘t give bullish odds, as in the downswing being clearly over. Unless yields start materially retreating, gold can‘t commence the rally to $1,980 in XAUUSD. Silver wouldn‘t be the one more resilient here.

Crude Oil

Crude Oil

Crude oil upswing has resumed, and won‘t be materially broken in the CPI aftermath – correction respecting the support at most.

Thank you for having read today‘s free analysis, which is a small part of my site‘s daily premium Monica’s Trading Signals covering all the markets you’re used to (stocks, bonds, gold, silver, miners, oil, copper, cryptos), and of the daily premium Monica’s Stock Signals presenting stocks and bonds only. Both publications feature real-time trade calls and intraday updates.

While at my site, you can subscribe to the free Monica‘s Insider Club for instant publishing notifications and other content useful for making your own trade moves.

Turn notifications on, and have my Twitter profile (tweets only) opened in a fresh tab so as not to miss a thing – such as extra intraday opportunities. Thanks for all your support that makes this great ride possible!

Thank you,

Monica Kingsley

Stock Trading Signals

Gold Trading Signals

Oil Trading Signals

Copper Trading Signals

Bitcoin Trading Signals

[email protected]

All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice.

Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind.

Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make.

Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.