The major stock market index futures are holding/consolidating here early this morning. Traders will look to see if bulls can keep strength going.
Here are some things to note:
– Traders hold support as charts test higher
– Flight to safety in US equities alive and well this morning
– Shallow pullbacks across the board for the indices suggesting more upside ahead.
– Crude Oil rangebound and at resistance and gold now at key resistance in a relief bounce
Note there are some additional charts below today’s video.
“The Futures In Five” Video – August 28
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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.
