Swiss Franc Pulls Back
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 Swiss Franc (SFZ1)
looks like it has the potential to continue its melt up out of a
pullback from highs. Look for a buying opportunity here.
October sugar (SBV1)
has begun to pull back from lows. Begin looking for a shorting
opportunity here.
Best of luck with your
trading on Friday!
P.S. Reminder: Protective
stops on every trade!
P.P.S.
See you in a week at TM2001.
