Noteworthy
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 December ten year notes
(
TYZ1 |
Quote |
Chart |
News |
PowerRating) looks
poised to resume its uptrend out of a pullback from highs. December bonds
(
USZ1 |
Quote |
Chart |
News |
PowerRating) are a similar pattern. Look for buying opportunities here.
October live cattle
(
LCV1 |
Quote |
Chart |
News |
PowerRating), mentioned
recently, still looks vulnerable. Continue to look for a shorting opportunity
here.
The December
Japanese Yen
(
JYZ1 |
Quote |
Chart |
News |
PowerRating) looks like it has the potential to resume its downtrend
out of a pullback from lows. Look for a shorting opportunity here.
Best of luck with your trading on
Thursday!
P.S. Reminder: Protective stops on
every trade!
