For tomorrow we recommend staying long silver if you are currently long. Today’s upward momentum broke the downward regression channel. Also, note the strong volume to the upside towards the end of the trading session on the volume indicator. This solidifies our conformation to stay long into tomorrow based on a 15 minute chart. Look for the trade to hold the trend line from the today’s low and possibly push upward towards 36.00. If the contract happens to fail and break the trend, look to get...

After Wednesday’s OPEC standstill, the concerns of a shortage of crude supply have giving this a market a bit of steam to the upside. Given that crude has been range bound since early May between 95 and 105, looking for a short in crude between 103 and 105 would be a suitable outlook in respect to current fundamentals as long as demand influences remain stable. The chart reflects this range very well. This congestion area, creates an opportunity to sell between this range with tight stops above...

After the formation of a Bearish engulfing pattern formed on the week of May 2nd. We can now see a pull back towards the upside on demising volume, further strengthening a possible downside move if a candlestick can close below 1535. This trade may take a week to develop, but the possibility of longs covering and taking profits may cause another sharp retracement down to the gap up on May 24th, which this now a strong support level.
Look for the short signal to form and Gold retracing...

In our previous commentary on Corn Futures, we discussed selling this commodity once the price of 7.41 was broken. The market is now trading at 7.30’2; we are still anticipating a further slide in this market. Our original price objectives are still in place. However, now that the market has sold off more than 10 cents; those who entered this market at the prices offered would be well advised to move your protective stops down to your entry
points or further to begin locking in small profits....

We see a buying opportunity in the June Dollar Index
contract. On 5-26-2011
we saw the Dollar Index break through support and trend down the next two days.
On 6-1-2011
we saw some bullish momentum come back into the markets and close strong on the
day. With the return of the bullish momentum we feel this is a good spot to
look for a long position to test the previous break in the trend line. If the
selloff in the S&P 500 and Crude Oil continue...