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Crude Rallying: Tuesday's Market Forecast

Posted by TopstepTrader on September 05, 2017

Crude Oil ($CLV7) is rallying ahead of the 8:30 AM CT equity market open - up nearly 3% on the trading session to $48.63 at present. Senior Performance Coach John Hoagland attributes this to technical buying after breaching resistance levels at $47.50. 

Hoag also tackles levels in the Emini S&P 500 ($ESU7) and Gold ($GCZ7), which are in the process of integrating news over the weekend that North Korea successfully tested a nuclear weapon again. 

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Topics: Market Updates