New
Trades for May 30th 2003
New
trades will be posted on Saturday.
Trades are good for the day only. If
the overnight markets closes through our entry price the trade signal is
canceled. The objective on each trade is optional. If hit we continue to
issue protective stops until stopped out of each trade.
End of Day
Bullish Bearish Forecast for May 30th 2003
If
there is a change to bullish or bearish pay closer attention to
that market to look for opportunities. This commentary is based ONLY on
charts and technical analysis.
June
U.S. Dollar Index is trending down. Watch for support at 9250 and resistance
at 9400. Changed to bullish on May 28th. Changed to bearish on May 20th.
Changed to neutral on May 16th. Changed to bullish on May 15th. Changed to
bearish on May 01st. Changed to neutral on April 28th.
June
British Pound is trending up. Watch for support at 16300 and resistance at
16540. Changed to bullish on May 29th. Changed to neutral on May 28th. Changed
to bullish on May 14th. Changed to bearish on May 07th. Changed to bullish on
April 22nd.
June
Canadian Dollar is not trending. Watch for support at 7170 and resistance at
7400. Change to bullish. Changed to bearish on May 23rd. Changed to bullish on
May 20th. Changed to neutral on May 16th. Changed to bearish on May 15th.
Changed to bullish on April 29th.
June
Japanese Yen is trending down. Watch for support at 8300 and resistance at
8500. Changed to bearish on May 19th. Changed to bullish on April 30th.
Changed to neutral on April 22nd.
June
Swiss Franc is not trending. Watch for support at 7655 and resistance at 7830.
Change to bearish. Changed to neutral on May 28th. Changed to bullish on May
19th. Changed to bearish on May 13th. Changed to bullish on April 24th.
June
Euro FX is trending up. Watch for support at 11685 and resistance at
11910. Change to neutral. Changed to bullish on May 19th. Changed to bearish
on May 13th. Changed to bullish on April 22nd.
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