Trading strategies today - September 18, 2019
GOLD (Spot) : Going UP to 1670 (target) - Gold and Silver markets are getting boring. This situation is likely to continue for some time. Meaningful prices are $ 1454 and $1525. Fo silver, $ 16.75 and 18.70 are important. It would be better to watch with a positive view.
WTI CRUDE OIL (Futures) : Going UP to 91.3 (target) - There are various opinions about Saudi's oil facilities attacked. We need to think about more than that. We should think about who is pushing the Middle East into chaos, and why? Oil prices are likely to go higher. Important prices are $ 59.94 and $ 63.97. If the prices come below $ 58.0, it will be a good opportunity to buy.
NATURAL GAS (Futures) : There is no particular change in the Natural gas market. Natural gas prices are going up, but it would be better to wait. Prices will fall again, then there will be an opportunity to buy at lower price. $ 2.195, $ 2.35 and $ 2.535.
CORN (Futures) : We need to watch grain markets. They are not ready yet. Important prices for corn are 358 and 380.
EUR/USD Euro rate (FX) : Going DOWN to 1.0353 (target) - The euro is continuing its tedious phase. There's nothing special on the Euro market. If EUR/USD rates go up, it would be better to look for an opportunity to sell.
S&P 500 Index (Futures) : Going UP to 3308 (target) - Stock indexes are not likely to collapse yet. They will go up. 2950 level is important and 3029.50 is a decisive price. If the prices break through 3029.50, that will be a signal of rising.
The trading strategy is by predicting the future, so it may be right or wrong. I hope the above helps you come up with your own trading ideas.
WTI CRUDE OIL (Futures) : Going UP to 91.3 (target) - There are various opinions about Saudi's oil facilities attacked. We need to think about more than that. We should think about who is pushing the Middle East into chaos, and why? Oil prices are likely to go higher. Important prices are $ 59.94 and $ 63.97. If the prices come below $ 58.0, it will be a good opportunity to buy.
NATURAL GAS (Futures) : There is no particular change in the Natural gas market. Natural gas prices are going up, but it would be better to wait. Prices will fall again, then there will be an opportunity to buy at lower price. $ 2.195, $ 2.35 and $ 2.535.
CORN (Futures) : We need to watch grain markets. They are not ready yet. Important prices for corn are 358 and 380.
EUR/USD Euro rate (FX) : Going DOWN to 1.0353 (target) - The euro is continuing its tedious phase. There's nothing special on the Euro market. If EUR/USD rates go up, it would be better to look for an opportunity to sell.
S&P 500 Index (Futures) : Going UP to 3308 (target) - Stock indexes are not likely to collapse yet. They will go up. 2950 level is important and 3029.50 is a decisive price. If the prices break through 3029.50, that will be a signal of rising.
The trading strategy is by predicting the future, so it may be right or wrong. I hope the above helps you come up with your own trading ideas.
