An Online Commodity Futures Forecasting Service
 

Dow Jones 98
(8/2) "Can drop to Support at 8723.30. Outside chance of retesting next Support at 8593."
(8/9)  "5% correction turns into a 10% with dire pronouncements by formerly bullish analyst. Goes past our 'outside chance' target to low of 8316 and closes at 8546, within 48 ticks of our target."
(8/30) "The Russian problems have weighed in and dropped the market down toward the 8070 Support. Looking for going to 7750 - 7873.50 and a potential of visiting 7618, or even 7402, if its fast decline. However, upside bias is mounting strongly with the steep decline."
(9/6)  "Bingo!! T'was a fast decline and goes to within a couple ticks of our target (7400.30)!

Dec 98 Gold
(8/30) "Sagged through Support at 287.20 and heading to 274.75 area to firm. Failing that, will go toward 268.75."
(9/6) "Bingo! Comes within .75 cents of our target and firms."

 

.

 

Dec 98 Swiss Franc
(8/16) "Swiss gets hit with a sudden setback to Support at .6625...Unless the bias changes, it shouldn't stay at this level but instead make an effort to reverse again upside."
(8/24) "Edging higher near-term."
(8/30) "Bingo! Guess would to modify 'edging' to 'rocketing'. Makes largest one-day advance. However, will expect a normal retrace from the emotional upburst. However, overall will remain higher near-term."
(9/13) Bingo! Pops higher to 73 area.

Oct 98 Natural Gas
(8/30) "Couldn't hold and sagged back. Will edge lower near-term toward 1.5955 to try and firm."
(9/6) "Bingo! Moves back toward our target and holds. If it can continue to hold here, there is strong bias in place that can take it back toward 2.2 - 2.3."
(9/13) Bingo! Strong breakout as forecast.

Nov 98 Orange Juice
(8/24) "Consolidating along 112.22 line - looking for sag back toward 109.50."
(8/30) "Lower movement ahead."
(9/6) "Getting little more show of strength edging toward 119. However, downward bias in place will eventually take it back toward 109.15 area."
(9/13) Pow! Drops in one day to 111.50.

Dec 98 High Grade
Copper

(8/30) "Took a decline along with the other metals but overall will reverse and move higher as forecast.
(9/6) "Continuing as forecast. Bias in Dec contract can take it upward toward the 78.60 area."
(9/13) Bingo!

 

.

Return To Samples Page