Live Cattle & Sugar Recommendations
YOU MUST ALWAYS BE AWARE THAT THERE IS SIGNIFICANT RISK INVOLVED IN TRADING FUTURES AND/OR OPTIONS ON FUTURES AND ARE NOT SUITABLE FOR ALL INVESTORS.Trade Recommendations: Buy Oct Sugar @ 9.50/Target 10.30/Stop Close 9.15/Longer-term Traders Target 11.00/Stop Close 8.95
Over half of the Brazil cane crop is expected to be processed into ethanol/High energy prices should support sugar
Sell Oct Live Cattle @ 80.50/Target 78.50/Stop Close 81.60
Momentum studies are bearish & more cattle from Canada
For a free copy of An Introduction in Futures Trading go to IFG Website
International Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
posted by tony woods @ 7:51 AM
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