Sunday, December 16, 2007

 

FUTURESWINGS for 12.17.07 Trading Session!


All signals are entered Market On Close (MOC) or Stop Close Only (SCO) for Day Pit Trading only!
 
Not all platforms accept SCO or MOC orders, all orders are to be entered at market in such circumstances.
 

Closing prices for 12.14.07
 
 
CURRENCIES

MARCH EUROCURRENCY CLOSED AT 144.35
POSITION: Short since 144.35 market on close
PIVOT POINT: 146.03 stop close only
TREND DIRECTION: Down as of 12.14.07
OPINION: Hold

 

ENERGIES


JANUARY CRUDE OIL CLOSED AT 91.27
POSITION: Flat

 

FEB CRUDE OIL CLOSED AT 91.55
POSITION: Flat
PIVOT POINT: None
TREND DIRECTION: Neutral as of 12.14.07

OPINION: None until further notice

 

GRAINS

 

MARCH CORN CLOSED AT 435
POSITION: Long since 398.6 market on close
PIVOT POINT: 440 Sell stop close only
TREND DIRECTION: Up as of 11.21.07
OPINION: Overbought and strong caution is warranted

 

 

 

JAN SOYBEANS CLOSED AT 1157
POSITION: Long since 1119.6 market on close

PIVOT POINT: 1164 Sell stop close only
TREND DIRECTION: Up as of 12.07.07
OPINION: Overbought and caution is warranted

 

METALS

 

FEB GOLD CLOSED AT 798
POSITION: Short since 798 market on close
PIVOT POINT: 807.4 stop close only
TREND DIRECTION: Down as of 12.14.07
OPINION: Hold

 

SOFTS

 

MARCH COTTON CLOSED AT 65.85
POSITION: Long since 65.25 market on close
PIVOT POINT: 64.45  Sell stop close only
TREND DIRECTION: Up as of 12.12.07
OPINION: Hold

 

 

DEC COFFEE CLOSED AT 134.30
POSITION:  Flat
PIVOT POINT: Flat
TREND DIRECTION: Neutral as of 10.02.07
OPINION: None until further notice!

 


This material is intended solely for information purposes and is not to be construed, under any circumstances, by implication or otherwise, as an offer to sell or a solicitation to buy or sell or trade in any commodities or securities herein named. Information is obtained from sources believed to be reliable, but is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. In no event should the content of this market letter be construed as an express or implied promise, guarantee or implication by or from MrSwing or any of its officers, directors, employees, affiliates, or other agents that you will profit or that losses can or will be limited in any manner whatsoever.  Past results are no indication of future performance. All investments are subject to risk which should be considered prior to making any investment decisions. Privacy policy available upon request

 

 

 

 

 

 


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