What’s Up, What’s Down: Spotlight on Financials
Comments for March 14, 2011
Looking ahead to Monday by reflecting back on Friday’s trading
Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors
I’M CLOSE TO A BUY SIGNAL FOR T-BOND & T-NOTE FUTURES
FINANCIALS: 3/14/11 Higher closes Friday for eurodollars and T-notes but slightly lower for the bonds. The eurodollars continue to be in a bull market settling higher in a gradually moving uptrend. The notes and bonds are so close to buy signals that I’m removing my sell signals and standing aside for now. The bonds made its best high since last December 7th before closing slightly lower and ever so close to a buy along with the notes at this time. BUY SIGNAL FOR THE EURODOLLARS. CALL FOR DETAILS!
Did you know you can trade the Chinese currency via renminbi futures at CME Group? Read my special report on trading Chinese currency futures: https://www.zaner.com/3.0/ljsrenminbi.asp
Rick Alexander has been a broker and analyst in the futures business for over thirty years. He is a Vice-President for Sales and Trading at the Zaner Group (www.zaner.com) a Chicago-based futures brokerage firm. Email Rick at ralexander@zaner.com or call toll-free (888) 281-4158.
Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors. The information in this Report and the opinions expressed are subject to change without notice. All known news and events have already been factored into the price of the underlying commodities discussed.