Weekly Review
Mon-T Weekly Review — w/e 27 Feb 2026
Fourteen from fifteen, silver does it again, and the desk finally stops fighting the crude oil tape.
Latest
Market Of The Week: ★Silver (SI)★ Synchronized precious metals acceleration with gold at ATH driving silver as…
Most analysts maintain bullish silver outlook for 2026 targeting $90-120 on sixth deficit year and China supply restrictions, with JPMorgan as notable bear citing substitution risk
Core
S&P 500 (ES) — Market may be underestimating duration of technology sector digestion phase…
Cautiously neutral to slightly bullish entering March seasonality with DeepSeek concerns gradually fading but elevated valuations and Fed hawkishness creating balanced risk-reward
Core
Gold (GC) — 2.7 between 5000 support and 5150 resistance with 8/10 confidence
Bullish medium-term with structural central bank support intact and Fed maintaining accommodative bias creating constructive backdrop for continuation toward $5200-5600 despite January profit-taking consolidation
Core
Nasdaq 100 (NQ) — Transition into March which historically shows stronger seasonal patterns for…
Cautiously defensive near-term given February AI spending volatility and seasonal weakness but acknowledging March seasonal strength ahead could provide recovery catalyst
Core
Crude Oil (CL) — 1.5 between 63.5 support and 68 resistance with 7/10 confidence
Cautiously bearish expecting structural oversupply and weak Chinese demand to push prices toward $55-58 range over 2026 despite OPEC+ Q1 production freeze, but acknowledging February 20 Iran catalyst as wildcard
Core
EUR/USD (6E) — -0.5 between 1.175 support and 1.185 resistance with 5/10 confidence
EUR consolidation in 1.17-1.19 range through March with cautious neutral bias - 85% of economists expect ECB unchanged through 2026 while Fed holds at 3.50-3.75%
Extended
USD/JPY (6J) — 0.8 between 152.2 support and 156 resistance with 5/10 confidence
Mild USD/JPY bullish bias on rate differential; intervention risk acknowledged but not priced as imminent
Extended
Russell 2000 (RTY) — consolidating in normal regime
Small-caps positioned to extend outperformance following historic breakout with superior 18-22% earnings growth and Fed easing cycle supporting continued rotation despite near-term seasonal consolidation
Extended
Copper (HG) — 2.8 between 5.72 support and 6.03 resistance with 7/10 confidence
Copper rallied to record highs on supply concerns with elevated prices expected into 2026 but near-term consolidation likely as market digests extraordinary gains, China Q4 demand declining 8% YoY, and COMEX inventory surge to 503,000 mt
Extended
GBP/USD (6B) — consolidating in normal regime
Neutral to mildly bearish consolidation expected with defensive positioning ahead of March 19 BoE meeting as declining UK inflation to 3.0% supports easing expectations
Full Desk
Platinum (PL) — Post-parabolic consolidation from January peak at $2,925 amid structural 692…
Constructive consolidation within structural bull market as extraordinary 2025 gains digest against 2026 balanced forecast, with February seasonal support providing near-term floor before next directional move