AlphaMail – Archive

The stop for our short Sep Cocoa trade can be moved to 3232.

Today is the 15 day timeout for our long Gold trade. A favourable trend has not developed so we advise exiting this trade any time today.  

Today is the 15 day timeout for our long June T-bonds position. A favorable trend has not developed and the position can be closed at any time today.  

The long June gold futures trade should now be rolled into October. The stop is now 1173.9, readjusted from the stop in the June contract.  

We have generated some top extensions in USDJPY. This is sufficient for us to exit the remainder of the short june Yen futures trade.  

Exit the remaining short Nov wheat position.   July Crude can be sold. The partial profit-take threshold is 53.29, the stop at 63.37.

The FTSE KLCI Jun futures should have been bought if you had sufficient capacity. The partial profit-take threshold is 1785.5, the stop at 1700.5.

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.    

June CAC40 futures can be purchased. The partial profit-take threshold is 5389, the stop at 4863.  

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.