XLF – S&P Select Financial SPDR can be purchased. The partial profit-take threshold is 25.45, the stop at 23.95. XLY – S&P Consumer Discretionary SPDR can be purchased. The partial profit-take threshold is 78.92, the stop at 73.99.
We generated a bottom extension overnight in Sept Soybeans futures. September isn’t a very popular month however this signal should still be noted. We now advise exiting the remaining partial position in our short Nov Soybeans trade.
We crossed the partial profit-take threshold in our short Yen trade yesterday. We now have a 720 min intra-day bottom extensions so partial profits can be taken.
Today is the 15 day timeout for the long Bunds trade. A favorable trend has not developed and we would suggest exiting this position. We have an outstanding long Eurostoxx position which is also timing out today. However we…