DailyWatch 10032016

October 3, 2016 @ 9:00 am



Market Summary

The S&P futures are trading at 2157 in morning trading.

We are still in the trading range on the S&P from 2120-2190 level.

We are seeing a struggle from the bulls and the bears in several markets.

The S&P is in the middle of its trading range, crude oil is trading at 48. Its range is 40-51.

Gold is trading at a range of 1300-1377. Currently, gold is trading at 1319.

Watch the dollar as a catalyst. it has been trading in a tight range and look it will breakout or breakdown.

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