Market Futures Trading Update (October 2): Price Stagnation

After a pop yesterday morning, stock market futures have trailed off.

Tuesday morning is seeing more of the same with the S&P 500 and Nasdaq futures trading slightly lower.

The next big ticket item to move the markets will be this week’s employment numbers.

As for the charts, the S&P 500 and Nasdaq have well defined support and resistance. What happens at these areas should guide traders.

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Gold is trading a bit higher into resistance. Crude oil is elevated but trading sideways.

In today’s video, I discuss relevant trading levels on the stock indices and Gold and Crude Oil.  Enjoy.

The Futures In Five – October 2, 2018

 

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.