One Trade to Start the New Year

» Posted by on Jan 4, 2016 in Blog, Commodities, Futures Power Rankings | Comments Off on One Trade to Start the New Year

One Trade to Start the New Year

01-04-2016

Traders,

The news out of Saudi Arabia about the breakdown with Iran and weak numbers out of China gave the first trading day of 2016 quite a  “wake-up call”

There has already been a lot of action today!

Unfortunately (or fortunately) for the Power Rankings this week,  the volatility in the first few hours of trade will keep us out of the markets except for the Euro.

At the time of this writing, the Euro is in the process of being sold off. Therefore if it gets close to the profit objective before we have the opportunity to enter, traders should cancel the order.

Howard

 

 

For Trade Recommendations associated with the Power Rankings, click here or call your broker. If you’re not yet working with an Index representative, call 800-376-0810 to get started.

 01-04-2016

Legend:

[  ] – Associated Trade Recommendation

[  ] – Market was UP
[  ] – Market was DOWN
VDO – Last Week’s Price Volatility in dollar terms; or Volatility Dollar Opportunity
              (click here for more on the VDO)
Bias – This Week’s Bias
Rank – Based on VDO
Volatility – Last Week’s Price Volatility
PowerRankingBiasArrows

 

 

 

The post One Trade to Start the New Year appeared first on Index Futures Group.

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