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D707
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Markets Allocation
52 % commodities 10 % indices 5 % forex 33 % other
Top Mentioned Symbols
NG1! 24% | 5 XAUUSD 14% | 3 ZC1! 14% | 3 SPX 10% | 2
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Corn likely to sell off next week
ZC1!
, 1DShort
ZC1!: Corn likely to sell off next week

With commercials holding record high shorts in corn, we might see a sell off next week to 412 support. if it doesnt hold there, it could go to 404-400 ** Just an idea NOT a forecast

SPX likely to sell off a bit more
SPX500
, 60Short
SPX500: SPX likely to sell off a bit more

Clear break of the trendline, retest and sell off. ABC down to 2955 might be in play ** Just an idea NOT a forecast

Gold near term weakness
XAUUSD
, 1DShort
XAUUSD: Gold near term weakness

Friday's reversal suggests near term weakness in Gold Two scenarios I'm watching in gold: 1- Retrace to previous swing low 1375, find support then up to 1485-1503 2- Retrace to the triangle trendline around 1350, find support then up to 1485 - 1503 ** Just an idea NOT a forecast

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