The major indices fared pretty well considering all the anxiety surrounding the onset of the second wave of COVID-19. The SPX bounced from oversold market breadth readings and technical support levels, and finished the week in the middle of the neutral zone:

The technical picture remains mixed, with conflicting daily and weekly signals, and price below the SAR line. For ease of use, we’re combining the daily/weekly technical signals into one indicator (bottom panel), with weekly price targets in the chart panel:

Among the currency pairs, the Euro and GBP saw the most action. Both pairs ended the week at their lower weekly targets and continue printing lower targets for the upcoming week:

EURUSD

For  OIL, GOLD, BTC and 10Y Treasury weekly targets and Buy/Sell pivots, check the TV page which gets updated on Monday.

*Please note that the signals are provided for informational purposes only. They are in effect as of the close on Friday and may change as soon as the markets re-open.

Charts, signals, targets and data courtesy of OddsTrader, CIT for TradingView and NinjaTrader 8

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