Some Key Charts for 2020 to start the new trading week

The US Indexes have done well over the Xmas period but bulls are now faced with a new issue….a potential war between the US and Iran that may trigger some profit taking and a correction lower. Below is some key levels on markets of interest that will give us an overview of market sentiment. The ASX200 has struggled to make new highs through the Xmas/New Year break while the US continued higher. Gold is on the move up as safe haven traders dive into the action while Oil is also finding fresh buying on supply concerns.

Join in the first LIVE STREAM for 2020 tomorrow at 12:30pm AEDT for an in depth look into key markets and expected action we will need to plan ahead for.

ASX200 Index Daily Chart

SP500 Index Daily Chart

DOW JONES Index Daily Chart

SPOT GOLD Daily Chart

AUSSIE GOLD Daily Chart

CRUDE OIL Daily Chart