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New Equity Highs, Gold & Interest Rates Roll: Tuesday's Market Forecast

Posted by TopstepTrader on November 28, 2017

As traders walk in this morning, the recent trend is holding. Equity futures - specifically the Emini S&P 500 ($ESZ7) has hit a new contract high. That has pressure on Gold futures ($GCG8), which just rolled to the February contract. Gold is trading down $3 to $1296.

Elsewhere in markets, Crude Oil ($CLF8) is trading slightly lower, but keeps finding support in the $57.40 to $57.50 level. Now, the price is right at the $58 handle. The Euro ($6EZ7) is also trading lower - to below 1.19. 

In today's market forecast, Senior Performance Coach John Hoagland runs through all these markets and the levels that matter. 

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Topics: Market Updates