
Hi Shoppers,
First up on the list is SPDR Gold Shares ETF (Ticker: GLD):

A doji was formed on Thursday after this big sell off which could be signaling a chance in this downtrend.
GLD also bounced off my support level at $168.
Looks like it could trade back to $175.
Here are the Gold Futures Dec Contract:

Holding a nice double support level with a bullish engulfing candle on Friday.
Walmart (Ticker: WMT) has had a nice selloff trading down to my support level which lines up with the 200 day moving average, bounced and created a really nice hammer on Friday:

Looks like it could trade back up to the 50 day moving average at $160.71 and possibly $163.
Of course we need to wait for the confirmation on Monday.
United States Oil Fund (Ticker: USO) could possibly be finding a bottom here with a hammer on Friday trading down to a support level:

The 50 day comes in at $76.17 and above there resistance is at $78.
The Crude Oil Futures Nov Contract could have a possible doji on Friday:

Enjoy your Sunday!
Thanks for Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
Founder: Option Shopper
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