Market Futures Update: Dow Jones Industrials Eye 27,000

Traders are watching stock market futures push higher under a momentum divergence.

The Dow Jones Industrials are eyeing the big round 27,000 number while the Russell 2000 continues to lag.

We also have employment numbers coming up at the back end of the week.

The Dow Industrials are leading the way with the S&P 500 and Nasdaq following. However, divergences should keep the rally in check.

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Pullbacks across the board will find buyers as we expect reversals once again.

 

The Futures In Five – October 3, 2018

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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.