Stocks rattled by Covid

US stocks have traded sharply lower to start the week on concern about the rising Covid infection rate across the the USA and Europe. The US$, Gold and most Forex pairs are little changed though.


Data: watch for impact from Covid-19 news, NZD Trade Balance and US Core Durable Good data.




CSI daily: still consolidating:


DXY daily: watch for any new momentum-based breakout:


Trend line breakouts:

S&P500 4hr: sharply lower on Covid woes:


Other markets:

ASX-200 4hr: watch for any Flag and 6,100 breakout:


Gold 4hr: watch for any new momentum-based breakout:


AUD/USD 4hr: not much change to start the week:


Other charts: are little changed from the weekend update.