Looking To The Future

  • March 21, 2002
  • Duke Heberlein

Futures traders will benefit greatly from checking
the
Nightly Futures Traders Report. In
it, our team of analysts earmark the best setups in the futures and commodities
markets.

 

3-13-2002



Contract


Setup


Direction


Trigger

June U.S. dollar (DXM2)		 Pull Back From Highs             UP

break above 118.17

June Japanese Yen (JYM2)
Pull Back From Highs		             UP      break above
.007800
May cocoa (CCK2) New 10 day high             UP  
May corn (CK2) Pullback from lows            down      break below 208
April copper (HGJ2) Pull Back From the High             UP      break above .7500
May silver (SIK2) Pull Back From the High             UP      break above 4.60
May wheat (WK2) Pullback from lows           down     break below 276
May orange juice (JOK2) Pullback Off Highs             UP     break above 92
April live cattle (LCJ2) Pullback from lows           down    break below 75

 

 

The contract has dropped nearly 4 points out of the setup, and
could still have further momentum to the downside..

 

 

If you are a futures trader, make it a habit to peruse the
report each night. It will give you some excellent insight into which futures
are showing up and downside momentum.

Until tomorrow,

Duke