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The VC Price Momentum Indicator - Weekly Futures Swing Trading Instructions 12.20.13

|Includes: SPDR Gold Trust ETF (GLD), SLV, SPY, XLE

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

GOLD

WEEKLY MOVING AVERAGES

The February gold futures contract closed at 1203 . The market closing below the 9 MA (1268) is confirmation that the trend momentum is bearish. A close above the 9 MA would negate the weekly bearish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR

With the market closing below the VC Weekly Price Momentum Indicator of 1214, it confirms that the price momentum is bearish. A close above it would negate the bearish signal to neutral.

VC CODE WEEKLY PRICE INDICATOR

Cover short on corrections at the 1175 to 1.142 levels and go long on a weekly reversal stop. If long, use the 1142 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 1241 and 1.280 to levels during the week.

SILVER

WEEKLY MOVING AVERAGES

The March Silver futures contract closed at 19.66. The market closing below the 9 day MA (20.89) is confirmation that the trend momentum is bearish. A close above the 9 MA would negate the weekly bearish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR

With the market closing below the VC Weekly Price Momentum Indicator of 19.81, it confirms that the price momentum is bearish. A close above it would negate the bearish signal to neutral.

VC CODE WEEKLY PRICE INDICATOR

Cover short on corrections at the 19.13 to 18.60 levels and go long on a weekly reversal stop. If long, use the 18.60 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 20.33 and 21 levels during the week.

EURO

WEEKLY MOVING AVERAGES

The Euro - PA Index contract closed at 136.73. The market closing above the 9 day MA (136.02) is confirmation that the trend momentum is bullish. A close below the 9 MA would negate the weekly bullish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR

With the market closing below the VC Weekly Price Momentum Indicator of 137.06, it confirms that the price momentum is bearish. A close above it would negate the bearish signal to neutral.

VC CODE WEEKLY PRICE INDICATOR

Cover short on corrections at the 135.99 to 135.25 levels and go long on a weekly reversal stop. If long, use the 135.25 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 137.79 and 138.86 levels during the week.

DOLLAR INDEX

WEEKLY MOVING AVERAGES

The March futures contract closed at 80.71. The market closing at the 9 day MA (80.63) is confirmation that the trend momentum is neutral. A close above the 9 MA is bullish. A close below is bearish.

VC CODE WEEKLY MOMENTUM INDICATOR

With the market closing above the VC Weekly Price Momentum Indicator of 80.40, it confirms that the price momentum is bullish. A close below it would negate the bearish signal to neutral.

VC CODE WEEKLY PRICE INDICATOR

Cover short on corrections at the 79.81 to 78.90 levels and go long on a weekly reversal stop. If long, use the 78.90 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 81.31 to 81.90 levels during the week.

E MINI S&P 500

WEEKLY MOVING AVERAGES

The Dec E Mini futures contract closed at 1.818. The market closing above the 9 day MA (1.779) is confirmation that the trend momentum is bullish. A close below the 9 MA would negate the weekly bullish short-term trend to neutral.

VC CODE WEEKLY MOMENTUM PRICE INDICATOR

With the market closing above the VC Weekly Price Momentum Indicator of 1.779, it confirms that the price momentum is bullish. A close below it would negate the bearish signal to neutral.

VC CODE WEEKLY PRICE INDICATOR

Cover short on corrections at the 1.775 and 1.732 levels and go long on a weekly reversal stop. If long, use the 1.732 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits on longs, as we reach the 1.839 and 1.860 levels during the week.

CRUDE OIL

WEEKLY MOVING AVERAGES

The February Crude Oil contract closed at 99.10. The market closing above the 9 MA (96.04) is confirmation that the trend momentum is bullish. A close below the 9 MA would negate the weekly bullish trend to neutral.

VC CODE WEEKLY MOMENTUM INDICATOR

With the market closing above the VC Weekly Price Momentum Indicator of 98.37, it confirms that the price momentum is bullish. A close below it would negate the bearish signal to neutral.

VC CODE WEEKLY PRICE INDICATOR

Cover shorts on corrections at the 97.25 and 95.40 levels and go long on a weekly reversal stop. If long, use the 95.40 level as a Stop Close Only and Good Till Cancelled order. Look to take some profits, if long, as we reach the 100.22 and 101.34 levels during the week.

The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts

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