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What's Moving Heading into U.S. Trading: Monday's Market Forecast

Posted by TopstepTrader on September 11, 2017

Equity markets have rebounded after initial assessments of Hurricane Irma may prove it less disastrous than originally feared. That's good news for everyone in Florida who have certainly been in our thoughts. 

Alongside this relief rally, Emini S&P 500 ($ESZ7) futures have added 0.5% ahead of the open, while bonds have shed an equal amount - at least looking at 30-Year Treasury Bonds ($ZBZ7). Crude Oil ($CLV7), which saw a good-sized sell off on Friday, has steadied ahead of support at $47.50. On the upside, it looks like a downward sloped downtrend is holding prices below $50 for the time being.

Senior Performance Coach John Hoagland runs down the latest in markets to get you ready for your Monday trading. 

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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