Charts on the Radar

I plan to go short the Euro if it breaks down below 1.142 mark.

The June contract of crude oil looks set to break out. The front month is trading at a huge premium. To me, this means much higher prices are in store for the future. The war with Iran could drag on. I am thinking of going long first thing tonight.

Retest or fake out? I had a suspicion this trade was not going to work. In fact, there are a few stocks I am thinking of going long.

Short The 10-Year

I am short. It completed a large descending triangle Friday. Decided to hold off shorting until it opened tonight.