Four trade setups for next week

4 trade setups for the week ahead

SPX

SPX is reaching a strong upside resistance of 5580. A break above this level would lead to a significant upside extension, but a rejection from here would lead to a substantial downside swing.

TRADE SETUP: SHORT SL 5696 TP 5160

SPX trade setup

XAUUSD

XAUUSD is being rejected by the 3500 and is reversing lower from it. I see a deeper correction coming.

TRADE SETUP: SHORT SL 3440 TP 2900

GOOGL

GOOGL's downside channel has been formed. Inside, it is a bearish flag. Looking for a revisit of the upside channel support.

TRADE SETUP: SHORT SL 173 TP 137

GOOGL trade setup

MSFT

MSFT is testing the falling trendline resistance 400 level. We can expect a struggle here and a possible rejection.

TRADE SETUP: SHORT SL 407 TP 343

MSFT trade setup