Futures traders are attempting to push through resistance this morning as they try to breach into higher highs.
How far this stock market rally goes will depend on whether initial pullbacks find buyers.
Here’s a recap of today’s video below:
– The Dow Jones Industrials futures (YM_F) seems to be in a push to hold strength but retests are necessary to determine whether this breakout will hold.
– Crude Oil retreats after retesting 71 – holding above 69 will be the key battle today.
– Gold sits also at resistance and should the dollar begin a drift downward, the gold bugs will press us higher.
The Futures In Five – September 13, 2018
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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.