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Market News Posted by John Doherty May 22, 2022

Weekly Kickoff Levels from John Hoagland

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.


levels for May 22, 2022

Crude Oil

CLN2 05-22-2022

Contract: CLN2

Market Direction: Higher

Areas of Importance:  116.40 & 98.50

Gold

GCM2 05-22-2022

Contract: GCM2

Market Direction: Sideways

Areas of Importance: 1851.00 & 1784.00

Euro/USD

6EM2 05-22-2022

Contract: 6EM2

Market Direction: Sideways

Areas of Importance: 1.0680 & 1.0434

Nasdaq-100

NQM2 05-22-2022

Contract: NQM2

Market Direction: Lower

Areas of Importance: 12700.00 & 10942.00

S&P 500

ESM2 05-22-2022

Contract: ESM2

Market Direction: Lower

Areas of Importance: 4048.00 & 3720.00

 

Forecast