GDP Tomorrow, Earnings Season in Full Play + Levels for April 25th
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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A few tips for tomorrow:
- If you are trading stock index futures, note price action has been VERY choppy during the day session as most earnings come out after the close…
- Coffee and Coca volatility is as high as I have seen in recent months. Large intraday and overnight moves in both, as much as +/- 8% per day!
- We have GDP and home sales tomorrow.
- Big pullback in both silver and gold and the key question is: Was this profit taking/ deflation of geo political fear and GOOD entry to the long side? OR…is this the near term top for both markets??
- Corn daily chart for your review below.
Daily Levels for April 25th, 2024
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