LEE GAUS WEEKLY COMMENTS AND 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.JUNE CANADIAN DOLLAR: In a long term uptrend reverses on a Friday close below 8617
key dates, looking for a low day on or about 3/10, then a high ady on or about 3/23.
JUNE BRITISH POUND: In a long term downtrend reverses on a Friday close above 1.7987.
Key dates, looking for a low day on or about 3/8
JUNE DOLLAR INDEX: In a long term upytrend, reverses on a Friday close below 8754. Key Dates, looking for a low day on or about 3/1.
JUNE AUSSIE DOLLAR: In a long term downtrend reverses on a Friday close above 7658. Key dates are on or about 3/3, then on or about 3/20.
JUNE SWISS FRANC: In a long term downtrend reverses on a Friday close above 8309. Key dates looking for a low day on or about 3/7.
JUNE EURO CURRENCY: In a long term downtrend reverses on a Friday close above 1.2532 . Key dates looking for a high day on or about 3/8.
JUNE JAPANESE YEN: In a long term uptrend, reverses on Friday close below 8535. Key dayes are on or about 3/22, then on or about 4/6.
JUNE EURO CURRENCY/JUNE SWISS FRANC: Bullish Euro/Bearish Swiss reverses on Friday close below 4239 to the Euro
JUNE EURO CURRENCY/JUNE J. YEN: Bearish Euro/Bulish J. Yen reverses on Friday close above 3797 to the Euro
JUNE EURO CURRENCY/JUNE CANADIAN DOLLAR: BearishEuro/Bullish C. Dollar reverses on Friday close above 3984 to the Euro,
JUNE EURO CURRENCY/JUNE AUSSIE DOLLAR: Bearish Euro/Bullish A. Dollar reverses on Friday close above 4974 to the Euro,
JUNE B. POUND/JUNE EURO CURRENCY: Bullish B.Pound/Bearish Euro, reverses on a Friday close below 5360 to the B. Pound.
MAY CORN: In a long term uptrend, reverses on a Friday close below 224, key date 3/8.
MAY WHEAT: In a long term uptrend, reverses on a Friday close below 342, key date on or about 3/8.
MAY SOYBEANS: In a long term uptrend, reverses on a Friday close below 524 , key date on or about 3/8, then 3/16, then 3/27. Short and long term inducators are now both higher.
MAY OATS: In a long term uptrend, reverses on a Friday close below 167
MAY WHEAT/MAY CORN: Bullish May Wheat/Bearish May Corn reverses on a Friday close below 11p to the Wheat.
MAY SOYBEANS/MAY WHEAT: Bullish May Wheat/Bearish May Soybeans reverses on a Friday close above 292 to the Soybeans.
MAY SOYBEANS/MAY CORN: Bullish May Soybeans/Bearish May Corn reverses on a Friday close below 313 to the Soybeans.
MAY CORN/MAY OATS: Bullish Corn/Bearish Oats reverses on a Friday close below 35 to the Corn.
APRIL HOGS: In a long term downtrend, reverses Friday on a close above 6745. Looking for a high day on or about 3/2, and then a low day on or about 3/20.
MAY PORK BELLIES: In a long term uptrend, reverses on a Friday close below 6585
Looking for a high day on or about 3/3, and then a key day on or about 3/20.
APRIL CATTLE: In a long term downtrend, reverses Friday on a close above 9597. Looking for a low day on or about 2/28, and then a high day on or about 3/16.
APRIL CATTLE/APRIL HOGS:Bearish Cattle/Bullish Hogs reverses on a Friday close above3935 to the Cattle. Short term inducator has reversed.
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.
JULY COCOA: In a long term downtrend reverses on a Friday close above 1628. Key dates are on or about 3/2, then on or about 3/20, then on or about 3/27.
JULY COFFEE: In a long term uptrend, reverses on a Friday close below 106. Looking for a low day on or about 3/2., then a high day on or about 3/14.Sgort term indicator turned bearish
MAY COTTON: In a long term uptrend reverses on a Friday close below 5414. Key dates, Looking for a high day on or about 3/2, then a low day on or about 3/16.
JULY SUGAR: In a long term uptrend, reverses on a Friday close below 1420. Key Dates, looking for a high day on or about 3/8, then a low day on or about 3/21.
JULY LUMBER: In a long term downtrend, reverses on a close above 377. Key dates looking for a high day on or about 3/1, low day on or about 3/13.
MAY CRUDE OIL: In a long term uptrend, reverses on a Friday close below 5979. Key dates are on or about 4/4.
MAY UNLEADED: In a long term downtrend, reverses on a Friday close above 1.8962. Key dates are on or 4/4.
MAY NATURAL GAS : In a long term downtrend, reverses on a Friday close above 10.37.
APRIL GOLD: In a long term uptrend reverses on a Friday close below 510. Key date , looking for a low day on or about 3/3, then a high day on or about 3/17
MAY SILVER: In a long term uptrend reverses on a Friday close below 8708. Key dates, looking for a low day on or about 3/3, then a high day on or about 3/17.
MAY COPPER: In a long term uptrend, reverses on a close below 1.9775. Key date, looking for a low day on or about 3/6, then a high day on or about 3/17
JUNE T-BONDS: In a long tern uptrend, reverses on a close below 108.31. Key dates looking for a low day on or about 2/28, then a high day on or about 3/8.
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.
If you :
Bot May Copper at 2.2385, consider a stop loss on a Thursday close below 2.1635
Sold March Euro Currency at 119.30, consider a stop loss on a Thursday close above 1.2244
Sold March Aussie Dollar at 7380, 7461 (2/23), consider a stop loss on a Thursday close above 7517
Bot May Cotton at 5575, 5655 (2/23) consider a stop loss on a Thursday close below 5414
Bot March Dollar Index 9040, consider a stop loss on a Thursday close below 8846
Sold March British Pound at 1.7470, 1.7550 (2/23) consider a stop loss on a Thursday close above 1.7811
Sold April Hogs 6257, consider a stop loss on a Thursday close above 6195
Bot May Beans at 6.05 ½, consider a stop loss on a Thursday close below 585
Bot May Corn at 2.35, consider a stop loss on a Thursday close below 227
Sold July Coffee at 113.90, consider a stop loss on a Thursday close above 127
Bot April Hogs/Sold April Cattle -2550, consider a stop loss on Thursday close below -3110
Bot May Corn/Sold May Oats at 43, consider a stop loss on a Thursday close below
44
Bot May Oats at 1.88 ½ , consider a stop loss on a Thursday close below 1.83
RECOMMENDATIONS for week of 2/27
Sell June Euro Currency @ 120.25
Sell June Swiss Franc @ 7760
Sell June British Pound @ 175.50
Buy June Dollar Index @ 8970
Buy Junr Canadian Dollar/Sell June Euro Currency @ -3275
Buy June Aussie/Sell June Euro Currency @ -4630
Buy June J. Yen/Sell June Euro Currency @ -3310
Buy April Hogs/Sell April Cattle @ market
Buy May Pork Bellies @ 8750
Buy May Oats @ market
Buy May Wheat @ 368 ½
Buy May Wheat/Sell May Corn @ 138
Buy May Wheat/Sell May Beans @ -225
Sell July Cocoa @ 1495
Sell July Lumber @ 350.00
Sell May Nat. Gas @ 790.0
Sell May Unleaded @ 169.00
Sell May Crude @ market
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
posted by Lee Gaus @ 8:39 AM
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