Futures Trade Signals

  Buy 52.59 stop.  Protective stop 51.60.  Potential projection 54.00.

Reasons for the Trade:
1.  On the monthly chart bean oil is back over the 20 day ma.
2.  On the weekly chart bean oil held at the 150 day ma.
3.  On the weekly chart bean oil rallied over the downtrend line formed since the August high - suggesting a trend change from down to up.
4.  On the daily chart bean oil has closed over the 52.00 support for two days in a row.
5.  The daily chart has a previous buy signal that is still intact.
6.  Today was an inside day that can trigger a signal and market direction.


Sell March Canadian dollar.  Sell 97.34 stop.  Protective stop 98.59.  Potential projection 95.08 gap.

Reasons for the Trade:
1.  On the monthly chart the cd rallied up to the 20 day ma and sold off.
2.  On the weekly chart the cd rallied up to the 20 day ma, sold off and formed a preliminary key reversal top.
3.  On the daily chart the cd has been trading into a pennant.  It reached the high end of that formation and sold off forming a key reversal top to the recent rally.
4.  On the daily chart the cd sold off under the 20 day ma today.
5.  Today was an outside day that can trigger a signal and market direction.


Sell March AUD  Sell 99.74 stop.  Protective stop 101.14.  Potential projection 96.64 gap.

Reasons for the Trade:
1.  The monthly chart has a double top.
2.  The weekly rallied up to the 20 day ma and sold off.
3.  The weekly chart violated the uptrend formed since the Feb. 2009 low in September.  It managed to rally back over it but is now back under that trend line.
4.  On the daily chart it rallied up to the 150 day ma today and sold off.
5.  On the daily chart it closed under the 100 and 20 day ma today.
6.  On the daily chart it formed a key reversal top today to the recent rally.
7.  Today was an outside day that can trigger a signal and market direction.

Sell February Lean Hogs.  Sell 84.75 stop.  Protective stop 86.55.  Potential projection 80.00.

Reasons for the Trade:
1.  The monthly chart has a key reversal top and sell signal.
2.  On the monthly chart hogs violated the 20 day ma this month.
3.  On the weekly chart hogs have been in a down trend since the August high.  They appear to be in the process of a second wave down.
4.  On the daily chart they rallied up to the 20 day ma today and sold off - forming a key reversal top to the recent rally.
5.  The daily chart is in a downtrend and could be starting a third wave down.
6.  Today was an outside day that can trigger a signal and market direction.