Futures In Five: Stocks Stretch Into Upside Resistance

In a bullish series of moves our stock market charts are expanding into the higher ranges of resistance.

Non-farm payrolls were thought to be unfavorable so do we buy the rumor and sell the news? Does it even matter?

As we all know by now, the markets don’t always follow the news.

January saw the S&P 500 climb 8 percent and the month was chock full of negative news.

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Keep an eye on your levels – see video for more detail on the S&P 500, Nasdaq, Dow industrials, Gold and Crude Oil futures.

Time to stay frosty…

Stock Market Futures Update – February 1, 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.