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Markets Open, Reach Fresh Equity Highs, Repeat

Posted by TopstepTrader on October 16, 2017

Equity futures once again hit fresh all-time highs on Monday, with the Emini S&P 500 gaining 0.2% to 2557.50 at its peak. The previous high was  a point lower - a level the market hit on Friday. It seems like markets are meeting some levels of exhaustion, but any pull-backs have been exceptionally shallow. 

As for other markets, Gold ($GCZ7) and Crude Oil ($CLX7) futures are trading higher on the session, with Crude Oil trading above $52 per barrel. The U.S. Dollar is trading slightly higher against the Euro ($6EZ7) as well. 

Where should you position yourself this week? Performance Coach John Hoagland goes over these markets to help give you an edge.

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Topics: Market Updates