The US stock market is undergoing a broadening in breadth and leadership. Big tech-related market leaders are coming off the boil, while lagging indices are showing signs of life lately. That is a bullish signal which may suggest that this fierce rally has more room to run eventually. What’s more in this report: Is copper on the verge of a bullish breakout, and how far can EUR/USD and GBP/USD extend their uptrends?
This report is published: Bi-weekly
Silver got the green light to rally further, while the main US and European stock indices are vulnerable to a corrective phase. What’s more in this report: Will WTI rally further and which asset class could well end a 15-year downtrend?
In the near-term, we think a breath-taking pause or pullback for various global stock market indices is plausible..
Announcement: Due to the author being out of the office, the next edition of the Technical Trend Outlook report will be published on Thursday June 19, 2025.
Notwithstanding the ongoing recovery, we still feel that US stock markets are bearish biased medium-term..