Market Outlook
Institutional ES futures and SPY options research, gamma levels, and key zones for trading the S&P 500.

Crude Holds 89.44 After a One-Month Low, Short From 90.60
November WTI settled up one cent at 89.44 after an 86.86 one-month low, at 80.9 percent of a 3.19 point range. Levels, the 90.60 short and the petroleum report.

Gold Futures Settle at 4,187.1 After an Outside Session
December gold settled at 4,187.1 after an outside session from 4,130.7 to 4,212.4. Levels, the 4,214 to 4,222 short and Wednesday's minutes.

Nasdaq-100 Futures Post a Sixth Higher Settle at 31,483.25
December Nasdaq-100 futures settled at 31,483.25 after a 31,616.50 high, the 52-week high. Levels, the 31,400 to 31,440 long and Wednesday's minutes.

S&P Futures 7,874: Long 7,852 to 7,860 Above 7,826
December S&P futures settled at 7,874.00, a fourth higher settle and the highest since 08/13. Levels, the 7,852 to 7,860 long and the minutes test.

Crude Slips 1.84 Percent to 89.43, Short From 90.70
November WTI fell 1.84 percent to 89.43 in an inside session, settling at 22.0 percent of a 3.14 point range. Levels, the 90.70 short and the energy outlook.

Gold Futures Settle at 4,156.8, Lowest Since August
December gold settled at 4,156.8, its lowest since 08/04, after a narrow 48.5 point session. Levels, the 4,182 to 4,190 short and Tuesday's auction risk.

Nasdaq-100 Futures Set a 52-Week High at 31,371.00
December Nasdaq-100 futures settled at 31,317.75, a fifth higher settle, after a 31,371.00 high. Levels, the 31,180 to 31,220 long and Tuesday's auction.

S&P Futures 7,826.25: Long 7,804 to 7,812 Above 7,774
December S&P futures settled at 7,826.25, a third higher settle and the highest since 09/22. Levels, the 7,804 to 7,812 long and Tuesday's auction test.

Crude Falls 1.90 Percent to 91.11, Short From 92.40
November WTI fell 1.90 percent to 91.11 after an 88.06 low, settling at 56.0 percent of a 5.45 point range. Levels, the 92.40 short and the Sunday reopen.

Gold Futures Post an Outside Session, Settle at 4,162.3
December gold settled at 4,162.3 after an outside session that closed beneath Thursday's low. Levels, the 4,196 to 4,206 short and Monday's risks.

Nasdaq-100 Futures Notch Fourth Higher Settle at 31,061.75
December Nasdaq-100 futures settled at 31,061.75, up 0.98 percent, a fourth higher settle. Levels, the 30,900 to 30,940 long and Monday's services survey.

S&P Futures 7,777.25: Long 7,748 to 7,756 Above 7,720
December S&P futures settled at 7,777.25 after an 87-point day with a higher high and low. Levels, the 7,748 to 7,756 long and Monday's services test.

Crude Settles at 92.87 Near Its High, Long From 91.80
November WTI rose 2.71 percent to 92.87, settling at 83.4 percent of a 4.89 point range. Levels, the 91.80 long and Friday's employment report.

Gold Futures Rise a Third Day, Settle at 4,202.3
December gold settled at 4,202.3 on a 53.4 point range, its narrowest since 07/27. Levels, the 4,226 to 4,236 short and Friday's jobs-report risks.

Nasdaq-100 Futures Settle at 30,760.50 Off a 31,151.50 High
December Nasdaq-100 futures settled at 30,760.50, up 0.20 percent, 391.00 points off the high. Levels, the 30,620 to 30,660 long and Friday's jobs report.

S&P Futures 7,724: Short 7,744 to 7,752 Under 7,778
December S&P futures settled at 7,724.00 after a 95-point day with a lower high and low. Levels, the 7,744 to 7,752 short and Friday's jobs test.

Crude Stalls at 91.96 Under Pivot R1, Short From 91.80
November WTI rose 1.16 percent to 90.42 after a 91.96 high stalled ten cents under Pivot R1. Levels, the 91.80 short and Thursday's manufacturing survey.

Gold Futures Give Back a 4,251.1 Rally, Settle at 4,186.7
December gold reached 4,251.1 in the price-index bar, then settled at 4,186.7 near the day's low. Levels, the 4,228 to 4,238 short and Thursday's risks.

Nasdaq-100 Futures Settle at 30,698.75 After a Late Fade
December Nasdaq-100 futures settled at 30,698.75, up 0.28 percent, after a 177.50 point late fade. Levels, the 30,600 to 30,640 long and Thursday's survey.

S&P Futures 7,715.50: Short 7,742 to 7,750 Under 7,778
December S&P futures settled at 7,715.50 after an outside day and a late fade. Levels, the 7,742 to 7,750 short and Thursday's manufacturing test.

Crude Settles 89.38 on a Reserve Release, Short From 89.80
November WTI fell 3.48 percent to 89.38 after a 94.74 to 88.78 day, beneath the 90.52 swing settle. Levels, the 89.80 short and Wednesday's inventory report.

Gold Futures Rise to 4,179.7 Against a 5.29 Percent Yield
December gold settled at 4,179.7, up 0.27 percent, against a 5.29 percent ten-year yield high. Levels, the 4,240 to 4,250 short and the price-index risk.

Nasdaq-100 Futures Settle at 30,613.25 After an Inside Day
December Nasdaq-100 futures settled at 30,613.25 inside Monday's range as chips rose 1.32 percent. Levels, the 30,560 to 30,600 long and the price-index report.

S&P Futures 7,732.00: Short 7,758 to 7,766 Under 7,790
December S&P futures settled at 7,732.00 as the ten-year printed 5.29 percent. Levels, the 7,758 to 7,766 short and Wednesday's price-index test.
