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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.

 

Earnings:

 

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.