$2,300! That's a nice win on yesterday's Oil ( /CL ) Futures shorts this morning but it's NOTHING compared to the gains from Friday, where I said to our Members in our Live Chat Room ( as well as our Morning Report , which you can subscribe to for less than $3/day ): Things seem to be holding up so far. /YM back to 25,550 and also /RTY 1,700 along with 2,845 on /ES and 7,440 on /NQ so shorting the laggard but favoring the /YM short still. /RB testing $2.17 makes a nice short into the weekend but might push higher first. /KC back to $109.50 so I like that long and that's $121.20 on /KCN9 /SI below $15.40 so long there if it goes back over (only) with very tight stops below. The Dow fell back to 25,300 for a gain of $1,250 per contract , the Russell ( /RTY ) fell to 1,655 for a gain of $2,250 per contract , the S&P ( /ES ) fell to 2,800 for a gain of $900 per contract , the Nasdaq ( /NQ ) fell to 7,200, for a gain of $4,800 per contract , Gasoline ( /RB ) fell to $2.11 for a gain of $2,520 per contract , Coffee ( /KC ) rose to $112.50 for a gain of $1,125 per contract and Silver ( /SI ) flew up to $15.55 for a gain of $7,500 per contract . That day's report was certainly worth $3, wasn't it? Of course, those trades are usually exclusive to our PSW Chat Members but, once in a while, when we feel strongly about our positions, we share the wealth with our Report Readers. If you want to learn how to trade the Futures, join us for our weekly Live Trading Webinars, which are usually Wednesday's at 1pm. Today is the last day of the month so we're looking for bounces off of all those bottoms and you can play for the bounces (with very tight stops below), which are 20% of the drop as a weak bounce and 40% of the drop as a strong bounce where failing the weak bounce is bearish and the strong bounce has to be taken back in less than 48 hours, or that's bearish too. IN PROGRESS
$2,300!
That's a nice win on yesterday's Oil (/CL) Futures shorts this morning but it's NOTHING compared to the gains from Friday, where I said to our Members in our Live Chat Room (as well as our Morning Report, which you can subscribe to for less than $3/day):
Things seem to be holding up so far. /YM back to 25,550 and also /RTY 1,700 along with 2,845 on /ES and 7,440 on /NQ so shorting the laggard but favoring the /YMshort still.
/RB testing $2.17 makes a nice short into the weekend but might push higher first.
/KC back to $109.50 so I like that long and that's $121.20 on /KCN9
/SI below $15.40 so long there if it goes back over (only) with very tight stops below.
The Dow fell back to 25,300 for a gain of $1,250 per contract, the Russell (/RTY) fell to 1,655 for a gain of $2,250 per contract, the S&P (/ES) fell to 2,800 for a gain of $900 per contract, the Nasdaq (/NQ) fell to 7,200, for a gain of $4,800 per contract, Gasoline (/RB) fell to $2.11 for a gain of $2,520 per contract, Coffee (/KC) rose to $112.50 for a gain of $1,125 per contract and Silver (/SI) flew up to $15.55 for a gain of $7,500 per contract.
That day's report was certainly worth $3, wasn't it? Of course, those trades are usually exclusive to our PSW Chat Members but, once in a while, when we feel strongly about our positions, we share the wealth with our Report Readers. If you want to learn how to trade the Futures, join us for our weekly Live Trading Webinars, which are usually Wednesday's at 1pm.
Today is the last day of the month so we're looking for bounces off of all those bottoms and you can play for the bounces (with very tight stops below), which are 20% of the drop as a weak bounce and 40% of the drop as a strong bounce where failing the weak bounce is bearish and the strong bounce has to be taken back in less than 48 hours, or that's bearish too.
IN PROGRESS
