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S&P, Crude, Gold All Trading Lower: Market Forecast

Posted by TopstepTrader on October 25, 2017

Earnings week is continuing, but this morning most futures boards are red. The Emini S&P ($ESZ7), Gold ($GCZ7) and Crude Oil ($CLZ7) are all lower on the day. Even with equities down, bond futures are also trading lower - with the U.S. Treasury Bond ($ZBZ7) down more than a full handle. Only the Euro ($6EZ7) is higher - and that's just by a meager 0.03%. 

As we look to find opportunities in the trading day, we should remember that Crude Oil inventories come out at 9:30 AM CT. In addition, if you are trading equity futures, be sure to close out positions by 3 PM CT so as to avoid being impacted by any after-hour earnings. 

With that said, here's how Senior Performance Coach John Hoagland will be analyzing the markets today.

Subscribe to our blog to have these market insights delivered to your inbox every morning. You can also tune in at 8:15 AM CT on Facebook to watch John's Market Forecast LIVE.

 

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Topics: Market Updates

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