LEE GAUS TUESDAY UPDATES AND NEW SHORT TERM TRADE 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.New Shorter Term Trades
Buy July Corn 2.60 1/4 stop, consider a stop below 2.47 1/2
Buy July Wheat 4.07 1/2 stop, consider a stop below 3.89
Buy July Soybeans 6.11 1/4 stop, consider a stop below 5.75
Longer term trades
Bot July Corn/Sold July Oats @ 62 ½, consider a stop loss on a Thursday close below 49 ½
Bot July Corn @ 257, consider a stop loss below 2.39 ½
Buy July Wheat @ 392
Buy August Cattle @ 7940
Sell July Lumber @ 310.00
Bot 2 June Canadian Dollar contracts @ average price 90575 consider a stop loss on a Thursday close below 9008
Bot 2 June J. Yen contracts @ average price 8947 consider a stop on a Thursday close below 8826
Sell June Dollar Index @ 8450
Sell July Coffee @ 106.00
Sell July Sugar @ 1590
HIGH RISK TRADE Sold August Gold @ 650.00, consider a stop loss on a Thursday close above 687
HIGH RISK TRADE Sell July Silver @ 1235.00, consider a stop loss on a Thursday close above 14.23
HIGH RISK TRADE Buy Sept Bonds @ 106.24
HIGH RISK TRADE Buy July Bellies @ 8250
Bot 2 August Heating Oil @ average price 2.03, consider a stop loss on a Thursday close below 1.9800
Bot 2 August Unleaded @ average price 2.10 consider a stop loss on a Thursday close below 1.9750
Bot 2 August Crude @ average price 72.25, consider a stop loss on a Thursday close below 7460
posted by Lee Gaus @ 1:53 PM
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