Opening Play for Tuesday 8/5 – hourly Grail sales

August 04, 2014

8-4-2014 4-00-37 PM

 

 

 

 

 

 

 

 

 

Commentary:

GOOD MORNING TRADERS!    Indexes are on Grail sales.   Also Pinball Sale after one day low to high in a downtrending market.

Eventually the SPs are expected to trade below 1910.     The only bullish looking market is Live Cows (chart above) poised for a close back above the daily 5 SMA.

Crude  has resistance overhead.  AD  and CD are on Pinball Sales as well as the British Pound.    Crude  Beans and Corn are also on Pinball Sales.

1922.25 is the two day volume node for the SPs, and eventually they should at least test the 1910 low.

Have a great day!

Breakout charts are posted below!

Linda

 

 

 

Tradesheet from Snagit

 

 

 

 

 

 

 

 

 

 

 

Markets in BO Mode:

BOs from snagit