Continued Good News For SUV Owners

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.


August unleaded
(
HUQ1 |
Quote |
Chart |
News |
PowerRating)
, mentioned recently, appears to be resuming its
downtrend. Continue to look
for a shorting opportunity here.

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October sugar
(
SBV1 |
Quote |
Chart |
News |
PowerRating)
appears to be stalling out in its retrace rally.
This action suggests that it will resume its meltdown from highs Look for a shorting opportunity here.

August gold
(
GCQ1 |
Quote |
Chart |
News |
PowerRating)
looks poised to resume its downtrend out of a
pullback from lows. Look for a shorting opportunity here.

Best of luck with
your trading on Wednesday!

face=”Arial, Helvetica”>Dave Landry

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

 

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