Market Update for August 20, 2018

In today's video:

1) U.S. equities post modest gains for the third straight session and move closer to all-time highs. The Dow Jones Industrial Average gained 89.37 points, the S&P 500 added 6.92 points while the Nasdaq 100 closed higher by 4.68 points and the Russell 2000 finished higher by 5.75 points.

2) The Bond market showed strength today pushing the yield on the 10-year treasury note down to 2.818. Crude Oil Fututres closed higher as trade tensions continue to ease and Gold Futures gained over $12.00 due mostly to weakness in the U.S. dollar.

3) The Bond market has been volatile for several months, and while it may continue to be so for several more months, there is one specific Bond ETF that is on the verge of a major move. In today's video, we will reveal the ticker symbol for this ETF and specify the key price levels to watch.

 

 

 

About the author

Vince Vora is the head trader at TradingWins.com. Over the last three decades, he has been trading and refining his trading systems that are based on technical analysis and price action. Over the last few years, his focus has been on teaching people how to become better traders. His systems range from simple to sophisticated and can be used in any market conditions to trade stocks, options, futures and forex. By: TradingWins Team

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