trade idea – pre dawn targeting – cullen outlook – formation finder
This is a sample of Brian’s email newsletter, The Cullen Outlook.
This is from the Pre-Dawn Targeting portion from August 18th.
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Here are a few markets with set-ups taking place that will have my attention through the balance of this week and into next. As usual with the Pre-Dawn emails, I may or may not get a chance to send out each individual trade idea but this will give you a good idea (or 6) on which markets I would like to get involved in or the next few days. Tweak these set-ups on your own and enter at or near the levels if you agree. Call in or email to throw around a few ideas if interested.
There are 6 total markets below. LET’S DO THIS!!!
September AUSTRALIAN DOLLAR:
The weak day yesterday has my attention. The MACD should lead to a trade idea…
GGCZ6 (standard), ZYGZ6 (mini) or MGCZ6 (micro)
This pennant formation should NOT be forgotten about. Be patient and strike when it breaks out!
September E-mini SP:
We have seen this price action recently…channel trade, channel trade, 2 day sell-off and a POP
We are currently past the channel trading and are at the 2 day sell-off…what’s next? Perhaps new highs above 2200.00?
This 171.00 level has been very supportive over the past month. Set your price alarms and be paying attention the next time that level hits
September FEEDER CATTLE:
The Cattle markets in general continue to look week. Yesterday’s gap open lower and rally that failed only adds to the bearish look to this chart. It is not too late if you are not yet involved in this…
Double BEAR FLAGS of sorts, see if this continues. I like getting involved on the next break below 330.0 (325.0 if you prefer)
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