Energies Poised To Slide
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.
face=”Arial, Helvetica”>Join me, fellow TradingMarkets.com
content providers, and other traders and money managers at
the Trading Markets 2000 conference at the Venetian Hotel
Resort and Casino in Las Vegas on October 13-15, 2000.
September unleaded
gas
(
HUU0 |
Quote |
Chart |
News |
PowerRating) and September heating oil
(
HOU0 |
Quote |
Chart |
News |
PowerRating),
mentioned Thursday night, still look vulnerable. Continue to
look for shorting opportunities here.
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The remaining
energies, September crude oil
(
CLU0 |
Quote |
Chart |
News |
PowerRating) and September
natural gas
(
NGU0 |
Quote |
Chart |
News |
PowerRating), also look vulnerable. Look for
shorting opportunities here.
Best of luck with
your trading on Monday!
face=”Arial, Helvetica”>Dave Landry
P.S. Reminder:
Protective stops on every trade!