Global Capital Reserves: Indecision in Stock and Crude Oil Futures

Thursday, July 17, 2008

Indecision in Stock and Crude Oil Futures

This chart shows the tug and pull between the bullish and bearish forces in both stock and crude oil futures today. I'm staying out of this tug-of-war. It is sad that this rally ended up as a squandered opportunity! Treasuries are equally ugly!

S Benard at 10:06 AM

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About Me

S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

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