Unleaded Headed Lower?
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.
November unleaded
(
HUX1 |
Quote |
Chart |
News |
PowerRating) looks poised to
resume its meltdown out of a pullback from lows. Look for a shorting opportunity
here.
The December Swiss Franc
(
SFZ1 |
Quote |
Chart |
News |
PowerRating),
mentioned recently, still looks
like it has the potential to rally out of a pullback. Just wait for follow
through to the upside as it did reverse on Tuesday.
Best of luck with
your trading on Wednesday!
face=”Arial, Helvetica”>Dave Landry
P.S. Reminder:
Protective stops on every trade!
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