Here’s an eclectic mix of some of the various asset classes I’ve been highlighting as current & potential trade ideas recently, all 60-minute futures charts expect for /SB (sugar) which shows the daily chart. 9525 remains the first support below on /NQ (Nasdaq 100) that will likely spark a sell-off…
+3
Here are my price targets for a long on /E7 Euro futures, as well as FXE (Euro ETN), although both subject to revision based on how the charts look if/as we start to approach those levels, especially with FXE. Unofficial trade for now although I’ve added the adjusted targets for FXE. One consideration to make when trading currencies is that they don’t move up & down much in percentage terms. As such, forex traders typically use a fair amount of leverage (which is already built into /E7) so to make a trade on FXE worthwhile, one might opt to make… Read more »
@rsotc – looking for a potential short term bounce off the /NQ 9395 level you highlighted – tight stop
‘Charts I’m Watching Today’ is a fantastic feature of the site. Keep up the good work Randy.