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Market News Posted by John Doherty January 16, 2022

Weekly Kickoff Levels from John Hoagland 1/16/22

Hoag

Every Friday afternoon, Topstep Performance Coach John Hoagland fires up his charts and identifies the trends and “areas of importance” futures traders should look out for in the coming week. Read on to see what John’s keeping his eye on, and be sure to tune in to The Market Forecast each trading day at 8:00 AM CT on YouTube for his latest reactions and analysis.


Crude Oil

CLH2 01-16-2022

Contract: CLH2

Market Direction: Higher

Areas of Importance:  84.80 & 77.80

**Crude Oil rolls from February (G) to March (H) on Monday, January 17**

Gold

GCG2 01-16-2022

Contract: GCG2

Market Direction: Sideways

Areas of Importance: 1824.00 & 1794.00

Euro/USD

6EH2 01-16-2022

Contract: 6EH2

Market Direction: Higher

Areas of Importance: 1.1627 & 1.1371

Nasdaq-100

NQH1 01-16-2022

Contract: NQH2

Market Direction: Sideways

Areas of Importance: 16122.00 & 15270.00

S&P 500

ESH2 01-16-2022

Contract: ESH2

Market Direction: Higher

Areas of Importance: 4798.00 & 4602.00

 

Forecast