FYI | Sep 11 2012
FNArena has added another video to its Investors Education section on the website. This week ATW's Jerry Simmons looks at crude oil, natural gas, the S&P 500, Chinese stock market and euro vs the US and Aussie dollars.
West Texas crude did not get a break-out on the weekly last week but after three consecutive weekly Dojis, Jerry sees crude as a top priority this week. A buying opportunity in natural gas is on the cards.
Range expansion is expected for the S&P 500 while for China the next step is a break-out above the DPTL zone.
The euro is also looking at range expansion against the dollar while a break above 1.30 against the Aussie will imply a bull market.
To view the ATW Strategic Prep Video click HERE or visit the FNArena Investors Education section of the website.
All views expressed are Jerry Simmons's, not FNArena's (see our disclaimer).
Jerry Simmons has over 25 years of full-time trading experience. He is the senior partner and head mentor for the “Masters” Programme within the education system at New York based Advanced Trading Workshop (ATW).
FNArena is pleased to have Jerry Simmons as a highly valued contributor to its service which aims at both educating investors and assisting them with their own market analyses.
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