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Equities Come Under Pressure: Monday's Market Forecast

Posted by TopstepTrader on November 13, 2017

Equities are under pressure to start the trading week. The Emini S&P 500 ($ESZ7) is down 0.3%, led lower by selling in the tech sector. The Nasdaq ($NQZ7) lost 0.4%. Gold ($GCZ7) prices are moderately higher after a sell off on Friday. The price bounced $4 to $1,278. 

Crude Oil ($CLZ7) is also moderately higher, gaining $0.12 to just below $57. This is the third consecutive day that Crude has traded inside the range from November 8th - which ran from $56.40 to $57.90. It's unclear whether Crude will resume a directional bias until either of these levels are tested again. 

Senior Performance Coach John Hoagland runs down all these markets in today's video forecast. He'll get you up to speed on markets today and important levels to note. 

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Topics: Market Updates