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Equity Highs on Light Trading Volume: Wednesday's Market Forecast

Posted by TopstepTrader on November 22, 2017

Equity futures continue their years-long trend of moving higher. The Emini S&P 500 ($ESZ7) added another 2 points this morning and is facing resistance at 2600. At the same time, the rally in equities doesn't seem to impact Bond prices - as that yield curve continues to flatten (with the spread between shorter- and longer-dated maturities narrowing). 

Crude Oil ($CLF8) gained 1.5% overnight after a major Canadian pipeline cut Crude supply to the United States. 

With the holiday tomorrow, be wary of taking too much risk. Here's Coach Dan Hodgman with the levels and markets to watch today. 

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Topics: Market Updates