DailyWatch May 31, 2016

 

 

daily-watch-header

Symbol Futures Price Change % Change
/ES E-MINI S&P 2100 2.75 013%
/CL CRUDE OIL 49.49 0.16 032%
/GC GOLD 1240 4.30 0.35%
/ZB 30 YEAR BOND 161’25 1’04 0.70

Daily Market Summary

 

 

 

 

 

 

 

 

 

The S&P future broke through the 2080 level on its quest to take out the 2134 high. Its 2nd hurdle will be getting thru 2105.

The $50 mark seems to be tough for Crude Oil to break through. This would be a good spot  to go short    Oil stocks. Just watch the $50 level in/CL.  Continue reading “DailyWatch May 31, 2016”