I will be looking to go short the Nikkei 225 with a break below 25500.
Long Copper
I am long copper with a stop at 3.9 and a target of 4.27.
Positions Going Into Weekend
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
AFL | Long | 1/6/23 | 73.42 | 73.3 | -0.16% | |
Total Open Profit/Loss Stocks | -0.16% | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
ES | Short | 12/14/22 | 4052 | 3892.8 | 3.93% | |
MBT | Short | 12/16/22 | 16650 | 16840 | -1.14% | |
Total Open Profit/Loss Futures | 2.79% |
Possible Copper Trade
A break above 3.97 next week and I will go long Copper.
Long Aflac
Aflac completed a small H&S continuation pattern. I am long with a stop at 72 and a target of 78.
Tesla Head & Shoulder Top Nearly Complete
A simple follow up to Tesla-Look Out Below. I think it will do a full retracement.
Flat Platinum
My stops for Platinum were at a breakeven point. I am now flat.
Commodities Look Set to Plunge
The Bloomberg Commodity Index looks set to fall further. The daily volume on this contract is less than 5,000. I usually do not trade instruments which such light volume. It is possible I open a short position tomorrow morning.
Long Live Cattle
I took a long position in cattle. It completed a symmetrical triangle a few trading days ago. As typical with cattle it tends to always retest its breakouts.
Stop is at 156.6 with a target of 162.
Short The Real
The Brazilian Real broke down from its rectangle. I am short with a stop at 0.18485 and a target of 0.16985.