Monday’s Futures Setups

• June 7, 2002
• TradingMarkets Editors

The June euro
(
ECM2 |
Quote |
Chart |
News |
PowerRating) has run from .85 to .94 since late January of this year. It is on the

TradingMarkets.com Momentum 5 List. After today’s close, it is a possible
Turtle Soup Plus One Sell Setup.

Possible Turtle Soup Plus One Sell Setup

Possible Turtle Soup Plus One
Buy Setup

Contract	Setup	Direction	Trigger
June dollar ( DXM2 | Quote | Chart | News | PowerRating)	Possible Turtle Soup Plus One Buy Setup	UP	break above 113.60
July lean hogs ( LHN | Quote | Chart | News | PowerRating)	Possible Turtle Soup Plus One Buy Setup	UP	break above 50
June Nasdaq 100 ( NDM2 | Quote | Chart | News | PowerRating)	Possible Turtle Soup Plus One Buy Setup	UP	break above 1200
June S&P 500 ( SPM2 | Quote | Chart | News | PowerRating)]	Possible Turtle Soup Plus One Buy Setup	UP	break above 1040
June Dow Jones Indus ( DJM2 | Quote | Chart | News | PowerRating)	Possible Turtle Soup Plus One Buy Setup	UP	break above 9810

Pullback From The High

Contract	Setup	Direction	Trigger
July crude oil ( CLN2 | Quote | Chart | News | PowerRating)	Pullback from the high	UP	break above 28.00
July heating oil ( HON2 | Quote | Chart | News | PowerRating)	Pullback from the high	UP	break above 70.00
July unleaded gasoline ( HUN2 | Quote | Chart | News | PowerRating)	Pullback from the high	UP	break above 82
July frozen orange juice ( JON2 | Quote | Chart | News | PowerRating)	Pullback from the high	UP	break above 91

Please note that
while there are strong trends in some commodities, one bar or a series of bars
forming a setup can sometimes indicate a contra move for the next day. This
contra move may not be long-lasting — maybe only for a day or two. Trading
with the main trend is always the highest probability trade.

Use stops on all your
trades.