Market Focus: SPX Consolidation, Silver & Gold Rebound

Market Trends

Kevin Green highlights the importance of the 20-day Simple Moving Average (SMA) in Tuesday’s trading session. Following Monday’s weakness amid low trading volume, a drop below this trend line could trigger further selling pressure in the market.

Commodities Outlook

Attention is shifting toward silver and gold as potential rebounds are anticipated. The current market dynamics suggest that investors are closely monitoring these precious metals for signs of recovery amidst broader economic trends.