Will Gold Glitter While Spooz Slide?
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.
For the aggressive, the June S&P futures
(
SPM2 |
Quote |
Chart |
News |
PowerRating) look like they
have the potential to resume their downtrend out of a pullback from lows.

June gold
(
GCM2 |
Quote |
Chart |
News |
PowerRating) is pulling back from highs and looks poised to resume
its choppy uptrend.

June live cattle
(
LCM2 |
Quote |
Chart |
News |
PowerRating) and August feeders
(
FCQ2 |
Quote |
Chart |
News |
PowerRating), mentioned
recently, still look vulnerable.
Best of luck with
your trading on Friday!
face=”Arial, Helvetica”>Dave Landry
P.S. Reminder:
Protective stops on every trade!
src=”https://tradingmarkets.com/media/images/Landry/land-dlst.jpg” width=”94″ height=”132″>