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No Debt Ceiling Deal Yet, Gold, Europe,& China In Focus

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Uploaded by on Jul 25, 2011

Once again the world wakes up to more political drama. This morning, there is no new increase in the U.S. debt ceiling. The standoff between the Democrats and Republicans remains firm. In trading before the opening bell, the S&P 500 Index e-mini futures (ES U1) are trading lower by 10.00 points to 1331.00 per contract. Believe it or not, the major stock index futures were trading much lower in overnight trading. Most traders and investors are reacting to every little word that is coming out of Washington D.C. At this time traders should simply remain nimble and position themselves according to the charts.

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  • thank you Nick!! you guys are the best

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