Equities Falling Out of Bed, Will There Be Buyers: Wednesday's Market Forecast

Posted by TopstepTrader on November 15, 2017

Equity markets are falling out bed this morning, with the Emini S&P 500 ($ESZ7) dropping 0.8% at the open. The Nasdaq ($NQZ7) is down nearly 1% and the Russell 2000 ($RTYZ7) is down more than 1%. Has the correction finally come? Or will this dip be met with as strong of buying as previously?

Your guess is as good as ours.

But that pullback has Gold ($GCZ7) bid, up $5 to $1,287.70 at present. The Euro ($6EZ7) has given back some of its early morning gains that saw prices up $0.02 in two days. Now, prices are hovering in the mid-$1.18s.

Senior Performance Coach John Hoagland goes through all these levels and what to watch for as you trade the markets through the day.

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Topics: Market Updates