What’s Up, What’s Down: Spotlight on Indices
Comments for September 13, 2011
Looking ahead to Tuesday by reflecting back on Monday’s trading
Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors
MIXED SIGNALS FOR STOCK INDEX FUTURES
INDICES: 9/13/11 Higher for the cash and dow futures along with the S&P’s and nasdaq. To be truthful don’t like my present buy signals since the the longer term trend for the indices remain lower and to me it looks like the indices are in a retracement pattern. However, I have to give my signals as I see them not how I feel or else why follow the technicals long or short term. Either way, the indices look like they’ve topped out so my buy signals must be watched carefully especially since they are short-term so far. BUY SIGNALS FOR THE DOW, S&P’S AND NASDAQ. CALL FOR DETAILS.
Rick Alexander has been a broker and analyst in the futures business for over thirty years. He is a Vice-President for Sales and Trading at the Zaner Group (www.zaner.com) a Chicago-based futures brokerage firm. Email Rick at ralexander@zaner.com or call toll-free (888) 281-4158.
Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors. The information in this Report and the opinions expressed are subject to change without notice. All known news and events have already been factored into the price of the underlying commodities discussed.