Traders Come Back: Tuesday's Market Forecast

Posted by TopstepTrader on October 10, 2017

With market participants back in the fray, markets are moving in early trade on Tuesday. Gold futures ($GCZ7) are nearly $10 higher, showing that there's some risk aversion going on out there. However, equity futures continue their march higher. The Emini S&P 500 ($ESZ7) gained nearly 5 points, while the Nasdaq ($NQZ7) leads the way - up 0.3% or 18 points. 

Crude Oil also shot higher overnight and is now trading above the $50 handle. Prices gained 1.9% to $50.50. 

With all this going on, John Hoagland has the levels that will be important in today's trading. 

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Topics: Market Updates