Opportunities to Profit with Range Trading: Thursday's Market Forecast

Posted by TopstepTrader on October 12, 2017

Futures markets have presented some opportunities over the past few days - but the large moves has basically been confined to an up and down move in Crude Oil ($CLX7). Crude Oil is down 2% in overnight trading following the American Petroleum Institute's supply numbers last night and ahead of the EIA's supply numbers later this morning. Whatever those numbers, Crude appears to be looking for its next direction. 

Aside from that, Emini S&P 500 ($ESZ7) and Gold ($GCZ7) are in relatively tight ranges, with Gold pushing up towards the $1,300 handle. 

In today's market forecast, John Hoagland provides you with the levels to watch in today's markets.

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Topics: Market Updates