Will Pigs Fly?
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.
February lean hogs
(
LHG2 |
Quote |
Chart |
News |
PowerRating) appear to be stabilizing in a pullback. This
action suggests it has the potential to resume its uptrend from lows.
Looking Ahead
The March Yen has begun to pull back
from lows. It could set up on the short side soon.
March copper
(
HGH2 |
Quote |
Chart |
News |
PowerRating) may be worth
watching to see if it stalls out in an area of overhead resistance.
Best of luck with
your trading on Monday!
face=”Arial, Helvetica”>Dave Landry
P.S. Reminder:
Protective stops on every trade!
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