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Trends Emerge, Here's How to Trade Them: Thursday's Pre-Market Forecast

Posted by TopstepTrader on September 14, 2017

In the past two trading sessions, Crude Oil ($CLV7) has broken out - and is now knocking on the door of $50 per barrel at time of writing. There's expected to be resistance at recent highs above $50.

Equity futures are also bid this week, with Emini S&P 500 ($ESZ7) futures hitting all-time highs a few times on Tuesday and Wednesday. They are marginally lower this morning ahead of the U.S. open. As for Gold ($GCZ7), the recent run-up in equities has slowed its rise - causing it to fall back from above $1360 to the $1325 area. 

Senior Performance Coach John Hoagland looks at charts of all these markets to make sure that you are ready to take advantage of the daily moves. 

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Topics: Market Updates