Soybean Oil completed its rectangle pattern. I am flat.
Author: s4k
Gas-Possible Trade
I might go long gas with a closing above the neckline.
Short Oats
I am short with a stop at 372 and a target of 317.
Update: Corrected the target to 317.
Long Live Cattle
Cattle is completing an ascending triangle. I am long with a stop at 154.5 and a target of 167.
Possible Trade-Russell 2K
I will consider a short position if the Russell 2K breaks down from this H&S pattern.
Oats-Possible Trade
I am considering a short position in Oats if it breaks down below 360. Not a market I like to trade since the volume is so light.
Short Euro Dollars
I went short the December 25 contract of the Euro Dollars. It completed a small descending triangle yesterday. I only trade patterns that are less than 1 month if they are in a strong trend. Stop is at 96.085 with a target of 95.465.
Copper-Possible Trade
Copper is forming a symmetrical triangle. I may go short with a closing below the 3.2 mark.
Long Soybean Oil
Soybean oil completed a rectangle. I am long with a stop at 66.5 and a target of 75.
Natural Gas- Pattern Completed
I am flat. I have no other open positions.