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Market Updates Gold Equities John Hoagland Crude Oil kickoff levels

Weekend Kickoff Levels from John Hoagland 5/15/20

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Every Friday afternoon, Topstep Performance Coach John Hoagland fires up his charts and identifies the trends and "areas of importance" futures traders should look out for in the coming week. Read on to see what John's keeping his eye on, and be sure to tune in to The Market Forecast each trading day at 8:00 AM CT on YouTube for his latest reactions and analysis.


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CL 05-15-2020

Contract: CLM0

Market Direction: Higher

Areas of Importance: 25.85 & 33.10

 

Gold

GC 05-15-2020

Contract: GCM0

Market Direction: Sideways

Areas of Importance: 1686.00 & 1754.00

(Perhaps range bound with breakout potential would be more accurate/interesting?)

 

 

EUR/USD

6E 05-15-2020

Contract: 6EM0

Market Direction: Sideways (Range bound)

Areas of Importance: 1.0755 & 1.0990

 

 

S&P 500

ES 05-15-2020

Contract: ESM0

Market Direction: Sideways (Range bound)

Areas of Importance: 2786.00 & 2932.00

Hoag on the Floor

 

Posted by TopstepTrader on May 17, 2020
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