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Patrick MontesDeOca
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Published Technical Analyst, Author, Commodity Trader, Systems Developer, Algorithmic Intelligence, Computer Modeling of Processes. I custom build Proprietary Artificial Intelligence for each individual client's portfolio needs. After more 30 years in the business, Patrick MontesDeOca has... More
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Vedic Codes of the Stock Market Volume 3 – ETFS
  • Golden Eagle Futures Swing Trading Instructions Weekly - 3/15/2013 0 comments
    Mar 17, 2013 5:05 PM | about stocks: GLD, FXE, FXB, SLV, GDX, PSLV

    Signals are automatically generated by integrating electronic weekly nearest futures statistics with proprietary algorithms.

    GOLD
    The April gold futures contract closed at 15912. The market closing above the 9 day MA (1583) is confirmation that the trend momentum is bullish. A close below the 9 MA would negate the weekly bullish short-term trend to neutral. With the market closing above the VC Weekly Price Momentum Indicator of 1588, it confirms that the price momentum is bullish. Look to take some profits, if long, as we reach the 1600 and 1608 levels during the week. Buy corrections at the 1581 to 1568 levels to cover shorts and go long on a weekly reversal stop. If long, use the 1568 level as a SCO/GTC (Stop Close Only and Good Till Cancelled order).

    SILVER
    The May silver futures contract closed at 28.78. The market closing above the 9 MA (28.74) is confirmation that the trend momentum is bullish. A close above the 9 MA would negate the weekly bullish short-term trend to neutral. With the market closing below the VC Weekly Price Momentum Indicator of 28.89, it confirms that the price momentum is bearish. Look to take some profits, if long, as we reach the 29.22 and 29.61 levels during the week. Buy corrections at the 28.49 to 28.17 levels to cover shorts and go long on a weekly reversal stop. If long, use the 28.17 level as a SCO/GTC (Stop Close Only and Good Till Cancelled order).

    B POUND
    The March B Pound contract closed at 1.5080. The market closing below the 40 MA (1.5810) is confirmation that the trend momentum is bearish. With the market closing above the VC Weekly Price Momentum Indicator of 1.5029, it confirms that the price momentum is bearish. Look to take some profits, if long, as we reach the 1.5228 and 1.5375 levels during the week week. Buy corrections at the 1.4882 to 1.4683 levels to cover shorts and go long on a weekly reversal stop. If long, use the 1.4683 level as a SCO/GTC (Stop Close Only and Good Till Cancelled order).

    EURO-CURRENCY
    The March eurocurrency contract closed at 1.3050. The market closing above the 40 MA (1.2885) is confirmation that the trend momentum is bullish. With the market closing above the VC Weekly Price Momentum Indicator of 1.3024, it confirms that the price momentum is bearish. Look to take some profits, if long, as we reach the 1.3137 and 1.3220 levels during the week. Buy corrections at the 1.2941 to 1.2828 levels to cover shorts and go long on a weekly reversal stop. If long, use the 1.2828 level as a SCO/GTC (Stop Close Only and Good Till Cancelled order).

    E-MINI S&P 500
    The March E-Mini S&P 500 contract closed at 1.557. The market closing above the 40 MA (1.4926) is confirmation that the trend momentum remains bullish. With the market closing above the VC Weekly Price Momentum Indicator of 1.5558, it confirms that the price momentum is bullish. Look to take some profits, if long, as we reach the 1.5662 and 1.5753 levels during the week. Buy corrections at the 1.5467 and 1.5363 levels to cover shorts and go long on a daily reversal stop. If long use the 1.5363 level as a SCO/GTC (Stop Close Only and Good Till Cancelled order).

    SOYBEANS
    The May soybeans contract closed at 14.26. The market closing below the 40 MA (15.34) is confirmation that the trend momentum bullish. With the market closing below the VC Weekly Price Momentum Indicator of 14.55, it confirms that the price momentum is bullish. Look to take some profits, if long, as we reach the 14.88 and 15.51 levels during the week. Buy corrections at the 13.92 to 13.59 levels to cover shorts and go long on a daily reversal stop. If long use the 13.59 level as a SCO/GTC (Stop Close Only and Good Till Cancelled order).

    CORN
    The corn contract closed at 7.17. The market closing above the 40 MA (7.11) is confirmation that the trend momentum is bullish. With the market closing above the VC Weekly Price Momentum Indicator of 7.16, it confirms that the price momentum is bullish. Look to take some profits, if long, as we reach the 7.21 to 7.24 levels during the week. Buy corrections at the 7.13 to 7.08 levels to cover shorts and go long on a daily reversal stop. If long, use the 7.08 level as a SCO/GTC (Stop Close Only and Good Till Cancelled order).

    CRUDE OIL
    The crude oil contract closed at 93.45. The market closing above the 40 MA (92.73) is confirmation that the trend momentum is bullish. With the market closing above the VC Weekly Price Momentum Indicator of 92.76, it confirms that the price momentum is bullish. Look to take some profits, if long, as we reach the 94.56 to 95.67 levels during the week. Buy corrections at the 91.61 to 89.78 levels to cover shorts and go long on a daily reversal stop. If long, use the 7.08 level as a SCO/GTC (Stop Close Only and Good Till Cancelled order).

    Patrick MontesDeOca

    Equity Management Academy

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