The Futures In Five (May 23): Stocks, Crude Oil Decline

Trade war chatter is creating a lot of buzz for the financial news media, while creating headaches for the financial markets.

S&P 500 (SPX) and Nasdaq (COMPQ) index futures are pointing lower, with other key assets sliding as well.

Crude oil is down sharply, Gold is trying to bounce, the US Dollar is trying to breakout, and stocks are trading heavy.

The bottom line is that traders need to be aware of the day to day risks as complacency may be a problem.

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As well, the price action has become volatile so we need to be patient… and focused when trading.

Tread carefully over the next couple of days and note the price levels listed in today’s video.

Stock Market Futures Update – May 23, 2019

Twitter:  @AnneMarieTrades

The author trades stock market futures every day and may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.