Swiss Franc Still Bullish
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 Swiss Franc
(
SFU1 |
Quote |
Chart |
News |
PowerRating),
mentioned recently, still looks like it has the potential to rally out of a
pullback. Continue to look for a buying opportunity here.

November soybeans
(
SX1 |
Quote |
Chart |
News |
PowerRating) mentioned Tuesday night, still look poised to break down out of a topping formation. Look for a
shorting opportunity here but wait for follow through to the downside as they
closed well on Wednesday.
Best of luck with
your trading on Thursday!
face=”Arial, Helvetica”>Dave Landry
P.S. Reminder:
Protective stops on every trade!
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