As we begin the month of October, it is worth looking at how the 1st day of trading months generally fare. Looking at this day over time, we can see that generally, the 1st trading day of a the month is prone to an upwards day although that has been far less consistent in our current trading climate. Let's look at support and resistance in the market to see where we could see this market go.
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This website is for educational purposes only. Offers and events from 3rd party vendors are provided for convenience only. Trader Kingdom is not responsible for the content of a 3rd party website or their services.
Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.
