Market Update for Sep 23, 2019

In today's update:

1) The four main U.S. Equity indexes closed mostly flat Monday after another quiet, low volume trading session. The Dow Jones Industrial Average gained 14.92 or 0.06%, the S&P 500 fell 0.29 or 0.01% while the Nasdaq 100 finished lower by 5.21 or 0.06% and the Russell 2000 closed lower by 1.50 or 0.10%.

2) Crude Oil Futures finished today higher by $0.39 or 0.65% while Gold Futures hit a two-week high advancing another $16.00 or 1.06%. The Bond market traded flat and the yield on the 10-Year Treasury Note settled at 1.716%.

3) Looking ahead to tomorrow's trading session, traders will be focused on two reports. The House Price Index report is scheduled to be released early tomorrow morning followed by the Consumer Confidence report. After-market close, Nike Inc. (NKE) will release quarterly earnings and full-year 2020 earnings guidance.

About the author

Vince Vora is the head trader at 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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