Belly Down?

Each evening we
focus on the most interesting aspects for the upcoming
trading day. The comments are based on observations of the
nightly updates of the Futures and Market Bias pages. They
are provided for educational purposes only and are not
intended to be direct trading advice. Also, keep in mind
that these remarks are made up to 12 hours in advance of the
markets opening. Therefore, overnight events may alter the
outcome of these observations.


February pork bellies
(
PBG2 |
Quote |
Chart |
News |
PowerRating)
looks poised to resume its downtrend out of
a pullback from lows.

In spite of all that’s going on in the world,
December gold
(
GCZ1 |
Quote |
Chart |
News |
PowerRating)
remains relative weak. It looks poised to resume its
downtrend from a pullback from lows.

Best of luck with
your trading on Tuesday!

face=”Arial, Helvetica”>Dave Landry

P.S. Reminder:
Protective stops on every trade!

 

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