Low Vol In Dow
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 lean hogs
(
LHG1 |
Quote |
Chart |
News |
PowerRating) stalled out and formed an outside day down (a)
in the area of its recent breakdown (b). Look for a shorting opportunity here.
March silver
(
SIH1 |
Quote |
Chart |
News |
PowerRating) looks like it has the
potential to break out of a triangle. Look for a buying opportunity here.
Volatility Watch
The March Dow Futures
(
DJH1 |
Quote |
Chart |
News |
PowerRating) are a low
volatility situation. Watch for a large move (in either direction) as volatility
reverts to its mean.
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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