Breakout Setups for October 22

by Scott Hoffman on October 22, 2007

Slim pickings after Friday’s nearly across the board volatility:

Australian Dollar-already did breakout down Sunday night.

December Copper-Again, broke sharply in overnight activity

December Gasoline-A strong breakout under the recent 214 low

January Soybeans.

For more information on how to recognize and trade breakouts,go to the Trade or Fade homepage-see the link on the right, under “My Sites”

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The information contained here includes information from sources believed to be reliable and accurate, but no guarantee is made as to accuracy, nor do they purport to be complete. Opinions are subject to change without notice. Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.
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