Equities Up Again, Crude Rolls

Posted by TopstepTrader on October 18, 2017

Crude Oil ($CLZ7) rolled over this morning - so make sure you are trading the most liquid front month - December. 

Gold ($GCZ7) sold off again overnight, falling from $1,290 to hit lows at $1,278.60. The price has since bounced - and the product is trading just below $1,285 as some market participants seem to be covering shorts after a $20 sell-off in two days. 

In other products,  Crude Oil is up $0.35 on the session, trading near highs at the moment. Meanwhile the Euro ($6EZ7) is also near its session highs and once again trading above $1.18 again. 

On the equity front, it shouldn't be surprising that equities are once again reaching all-time highs - with the Emini S&P 500 ($ESZ7) hitting highs at 2562.25 this morning. 

Performance Coach John Hoagland runs through all these contracts with insight on important levels and where opportunities may emerge.

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Topics: Market Updates