A.M. Look 1/19/11

Good Morning and welcome to this months episode of Full Moon Trading.

Today I have four levels of interest.

1) Euro @ 135…this is a potential double top level on a monthly chart. This

is a low risk level to try a short for the nimble trader with a 30 point stop over the level.

2) Silver…29.60 close needs to be monitored for any further strength. Price action

back below yesterdays high around 29 and the bears will regain control.

3) Soybeans…as long as the beans hold $14 this will keep the grain complex

and related names firm. $15 is still the tgt.

4) Crude (H)…all new strength over 93.25 and it can go again.


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