The VC Weekly: Futures Swing Trading Instructions

Signals are automatically generated by integrating electronic weekly statistics with proprietary algorithms.

GOLD

WEEKLY MOVING AVERAGES

The December gold futures contract closed at 1273 . The market closing below the 18 MA (1323) is confirmation that the trend momentum is bearish. A close above the 18 MA would negate the weekly bearish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing below the VC Weekly Price Momentum Indicator of 1288 it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 1245 to 1217 levels and go long on a weekly reversal stop. If long, use the 1217 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 1316 to 1369 levels during the week.


SILVER
WEEKLY MOVING AVERAGES
The December Silver futures contract closed at 21.33. The market closing below the 18 day MA (21.37) is confirmation that the trend momentum is bearish. A close above the 18 MA would negate the weekly bearish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing below the VC Weekly Price Momentum Indicator of 21.60, it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 20.68 to 20.03 levels and go long on a weekly reversal stop. If long, use the 20.03 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 22.50 to 23.17 levels during the week.


JAPANESE YEN

WEEKLY MOVING AVERAGES
The J Yen – PA Index contract closed at 101.47. The market closing below the 18 day MA (101.59) is confirmation that the trend momentum is bearish. A close above the 18 MA would negate the weekly bearish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing below the VC Weekly Price Momentum Indicator of 102.12 it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 100.81 to 100.14 levels and go long on a weekly reversal stop. If long, use the 100.14 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 102.79 to 104.10 levels during the week.


EURO

WEEKLY MOVING AVERAGES
The Euro – PA Index contract closed at 135.41. The market closing above the 9 day MA (133.96) is confirmation that the trend momentum is bullish. A close below the 18 MA would negate the weekly bullish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing below the VC Weekly Price Momentum Indicator of 135.45, it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 134.82 to 134.23 levels and go long on a weekly reversal stop. If long, use the 134.123 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 136.03 to 136.66 levels during the week.


AUSTRALIAN DOLLAR

WEEKLY MOVING AVERAGES
The Australian dollar – PA Index contract closed at 93.17. The market closing above the 18 MA (92.24) is confirmation that the trend momentum is bullish. A close below the 18 MA would negate the weekly bullish trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing below the VC Weekly Price Momentum Indicator of 93.59, it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover shorts on corrections at the 94.15 to 95.12 levels and go long on a weekly reversal stop. If long, use the 95.12 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits, if long, as we reach the 94.15 to 95.12 levels during the week.


E MINI S&P 500

WEEKLY MOVING AVERAGES
The Dec E Mini futures contract closed at 1.700. The market closing above the 18 day MA (1.669) is confirmation that the trend momentum is bullish. A close below the 18 MA would negate the weekly bullish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM PRICE INDICATOR
With the market closing below the VC Weekly Price Momentum Indicator of 1.680, it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 1.660 to 1.620 levels and go long on a weekly reversal stop. If long, use the 1.620 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 1.720 to 1.740 levels during the week.


SOYBEANS

WEEKLY MOVING AVERAGES
The Nov Soybeans futures contract closed at 12.68 The market closing below the 18 day MA (12.81) is confirmation that the trend momentum is bearish. A close above the 18 MA would negate the weekly bullish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing below the VC Weekly Price Momentum Indicator of 12.80, it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover short on corrections at the 12.54 to 12.40 levels and go long on a weekly reversal stop. If long, use the 12.40 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 12.94 to 13.20 levels during the week.


CRUDE OIL

WEEKLY MOVING AVERAGES
The October Crude Oil contract closed at 101.74. The market closing below the 18 MA (102.97) is confirmation that the trend momentum is bearish. A close above the 18 MA would negate the weekly bearish trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR
With the market closing below the VC Weekly Price Momentum Indicator of 102.14, it confirms that the price momentum is bearish.

VC CODE WEEKLY PRICE INDICATOR
Cover shorts on corrections at the 100.20 to 98.66 levels and go long on a weekly reversal stop. If long, use the 98.66 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits, if long, as we reach the 103.68 to 105.62 levels during the week.


Disclosure: Trading Derivatives, Financial Instruments And Precious Metals Involves Significant Risk Of Loss And Is Not Suitable For Everyone. Past Performance Is Not Necessarily Indicative Of Future Results.