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New Highs in Equity Futures: Tuesday's Market Forecast

Posted by TopstepTrader on November 21, 2017

The story this morning is all about equity futures as the Emini S&P 500 ($ESZ7) and Nasdaq ($NQZ7) hit fresh highs, while the Dow Jones Industrial Average ($YMZ7) and Russell 2000 ($RTYZ7) trade just shy of their highs. The latest push comes after the S&P 500 has risen more than 40 points in the last four trading days.

Despite this strength in equities, Gold futures ($GCZ7) are bid this morning and back above $1,280 per ounce. The Euro ($6EZ7) is trading in the middle of its range - right around 1.1750. 

Given that today may be the last day of good trading before the shortened holiday, here's Senior Performance Coach John Hoagland with today's market forecast.

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Topics: Market Updates