More Bounce In The Naz?
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.
The September Nasdaq futures
(
NDU1 |
Quote |
Chart |
News |
PowerRating), mentioned Friday, appear to remain
in bounce mode. For the nimble, continue to look for a buying opportunity here.
December wheat
(
WZ1 |
Quote |
Chart |
News |
PowerRating), mentioned Friday,
still looks vulnerable. Continue to look for a shorting opportunity here.
Best of luck with
your trading on Tuesday!
face=”Arial, Helvetica”>Dave Landry
P.S. Reminder:
Protective stops on every trade!