Tuesday’s Futures Setups

• June 17, 2002
• TradingMarkets Editors

Possible Turtle Soup Plus One Sell Setup

Possible Turtle Soup Plus One
Buy Setup

Contract	Setup	Direction	Trigger
Sept dollar ( DXU2 | 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
Sept Nasdaq 100 ( NDU2 | Quote | Chart | News | PowerRating)	Possible Turtle Soup Plus One Buy Setup	UP	break above 1200
Sept S&P 500 ( SPU2 | Quote | Chart | News | PowerRating)	Possible Turtle Soup Plus One Buy Setup	UP	break above 1040
Sept Dow Jones Indus ( DJU2 | Quote | Chart | News | PowerRating)	Possible Turtle Soup Plus One Buy Setup	UP	break above 9810

Pullback From The High

Contract	Setup	Direction	Trigger
July wheat ( WN2 | Quote | Chart | News | PowerRating)	Pullback from the high	UP	2.82
July silver ( SIN2 | Quote | Chart | News | PowerRating)	Pullback from the high	UP	5.04
August gold ( GCQ2 | Quote | Chart | News | PowerRating)	Pullback from the high	UP	325.00
July frozen orange juice ( JON2 | Quote | Chart | News | PowerRating)	Pullback from the high	UP	break above 91
July bean oil ( BON2 | Quote | Chart | News | PowerRating)	Pullback from the high	UP	break above 18.30

 

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.