A.M. Look 2/25/11

1314-16 in the Spu matching 43800 (H) Copper is the first Fib match area.


Today’s trade will once again be dictated by the oil. As evidenced yesterday, the big

macro levels are the only low risk places to play in the Oil unless you’re just looking to make a few ticks.

Volatility in the Oil should remain fairly high. This will remain an event driven trade.


Pay for your trade in the Rice. Take some more off against the 13.92-14.03 area.

leave a break-even trailing stop on the rest and close your eyes.


Gold…same stop.


The bigger game across all asset classes is next week.

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