Tag "crude oil"

S&P 500 Futures Trading Outlook For August 21

Stock Market Futures Considerations For August 21, 2017 The S&P 500 (INDEXSP:.INX) is set for more choppy trade this morning. Traders should pay close attention to support and resistance levels.  Catch all my futures trading levels below for the S&P 500, Nasdaq, and crude oil. Check out today’s economic calendar with a…

3 COT Charts For Commodities Traders (August 18)

The following are charts and data showing non-commercial futures trading positions as of August 15, 2017. This data was released with the August 18 Commitment of Traders Report (CoT). Note that these charts also appeared on my blog. The 3 charts below look at non-commercial futures trading positions for Crude Oil, Gold, and…

S&P 500 Futures Trading Outlook For August 18

Stock Market Considerations For August 18, 2017 The S&P 500 (INDEXSP:.INX) is hovering around break even at market open, however weakness into Thursday’s close should carry us into lower supports yet. Below are key futures trading levels and considerations for the S&P 500, Nasdaq, and crude oil. Check out today’s economic…

U.S. Financial Markets Update: Uncertainty Creeps Back In

Optimists hope that government will eventually move on to tax reform, while pessimists worry that the Obamacare repeal-failure means tax reform is even less likely. Meanwhile, geopolitical concerns (here and abroad) are adding to market uncertainty for investors. Despite the worries, the economy continues to grow and add jobs. Below…

Stock Market Futures Trading Outlook For August 17

Futures Trading Outlook & Considerations For August 17, 2017 The S&P 500 (INDEXSP:.INX) continues to trade range bound but any break up/down will likely see some continuation.  Below are key trading levels to follow with added color from our premium service. The charts below and added “trading setups” are being…

S&P 500 Futures Trading Outlook For August 16, 2017

Stock Market Future Considerations For August 16, 2017 The S&P 500 (INDEXSP:.INX) is trading in a 10 point range but traders should be on alert for a break of support/resistance and continuation. Key levels on the S&P 500, Nasdaq, and crude oil are below. Check out today’s economic calendar with a full…

Around The Financial Markets: 3 Charts I’m Watching Today

Tuesday is off and running and market participants are in a read and react mode.  The bounce is still in motion but there’s plenty of time to see how this plays out.  And plenty of variables to watch. The latest economic data:  Empire Manufacturing is showing a large beat at…

S&P 500 Futures Trading Outlook For August 15

Stock Market Futures Trading Considerations For August 15, 2017 The S&P 500 (INDEXSP:.INX) is attempting to digest yesterday’s gains. A positive retest of important price support will be key for the bulls today. Continue reading below for futures trading levels for the S&P 500, Nasdaq, and crude oil. Check out…

WTI Crude Oil Trading Outlook Turns Bearish

After poking its head above the $50 level for the first time since May, West Texas Crude Oil (WTI) is backing off a bit. Is there more downside ahead? Currently, Crude Oil is oscillating near its 200-day average, and I am looking for a top in and around this area….

S&P 500 Futures Trading Outlook For August 14

Stock Market Futures Considerations For August 14, 2017 The S&P 500 (INDEXSP:.INX) is rallying on Monday morning. But the bounce is likely to find resistance shortly.  Below are futures trading levels for the S&P 500, Nasdaq, and Crude Oil. Check out today’s economic calendar with a full rundown of releases. And note that…