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!
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