The S&P 500 Index has gapped higher over the weekend after news of a truce in the US /China trade war broke, following the G20 meeting in Argentina. Price gapped from 2760.00 to 2791.50 which happens to be a significant area of price action on the chart. Price has continued higher past the 2800.00 level but has yet to test resistance at the lower high of 2817.75. ...Read More

Our Guest Writer, Phillip Konchar, provides in-depth technical analysis, utilising current charts to demonstrate market behaviour. Today, he looks ahead at what announcements we can expect during the week, and how these may affect the markets. ...Read More

The G20 proved to be a market impacting event, especially the highly anticipated meeting of US President Trump and Chinese President Xi. During their meeting they agreed to stop escalating the trade dispute between them and try to resolve the issues that they disagree over such as intellectual property protection, cyber theft and tariffs. ...Read More