Global Capital Reserves: Stocks Seek Support at Jan 30th Lows

Friday, June 1, 2012

Stocks Seek Support at Jan 30th Lows

It looks like we are poised to break through the lows of January 30th shown by the olive-colored line in the chart below. Next support level would be from December of last year. Stocks are not looking good!

S Benard at 3:25 AM

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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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