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Saturday, June 16, 2012

Cara Community

Cara Community


Tables & Charts for Friday, Jun 15th, 2012

Posted: 15 Jun 2012 09:03 PM PDT

Bill Cara's Blog for Jun 15, 2012

Posted: 15 Jun 2012 04:00 AM PDT

CTA Trading Desk Morning Report

[7:00am ET] Good morning, Geoff here.

I believe that risks are too high to place major trades on Fridays, especially when market changing geopolitical events have a good chance of occurring over the weekend.

I have also been discussing being patient and waiting for confirmation of market trends.

At this time, I would be lining up both buy and sell candidates with the goal of placing those trades based on confirming price action.

With that said, here are some charts to ponder:

<img src=" title="[inline:ggimage01_061512.png]" class="inline" width="620" height="507" />" title="<img src=" title="[inline:ggimage01_061512.png]" class="inline" width="620" height="507" />" class="inline" width="620" height="507" />

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