Stock Market Outlook (November 2): Selling Good News

The S&P 500 held support early this morning setting up the rally into the jobs number.

But the market has been selling good news so that is something to watch for.

As well, the rally has been swift so fades are expected.

Exhaustion will lead to tests of support and potentially deeper price support.  Be aware of key trading support and resistance levels if trading intraday.

See levels for the S&P 500, Nasdaq, Dow Jones Industrials, Gold, and crude oil in the video below.

 

Stock Market Futures Video Update – November 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.

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