T-Bonds Recommendation
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: Sell Sept T-Bonds @ 114-16/Target 113-00/Stop Close 115-16
Both Fundamentals & Technicals are bearish
Other Trades:
Long Dec Meal @ 207/Target 218/Stop Close 202
Short-term:Long Sept Coffee @ 105/Target 113.50/Stop Close 100.00
Longer-term: Long Sept Coffee @ 106.10/Target 125.00/Stop Close 97.00
Long Sept Canadian Dollar @ 8184/Target 8300/Stop Close 8097
Long Dec Corn/Short Dec Wheat @ -104/Target -80-70
Long Sept Canadian Dollar/Short Sept Japanese Yen @ -727
Long Nov Beans @ 682/Target 720/Stop Close 660
Long Aug Soymeal @ 215.5/Short Aug Bean Oil @ 24.85
Short 2 Sept Lean Hogs @ 68.25/Target 63.00/Stop 70.50
Recap of last week:
Long Sept Coffee @ 101.75/Took a profit @ 106.00/more aggressive traders look to take a profit @ 109.00
Short Sept T-Bonds @ 115-28 7 115-04/took a profit @ 114-00 this morning.
Short Sept Dow Jones @ 10700/took a profit @ 10580
Long Dec Corn @ 254 & 246/Stopped out @ 240
International Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
posted by tony woods @ 8:11 AM
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