INTERNATIONAL FUTURES GROUP
TRENDS AND REVERSALS
2012-02-012
For the past 17 years we have relied on our in-house long-term model to help us in identifying the long-term underlying trends, and projecting the weekly closing prices needed to reverse those trends. By being able to project the weekly closes needed to reverse the underlying trends, we feel we are then able to gauge the strength of the current trend. Like all models, ours is not perfect or always correct but we find that it provides us with valuable information and helps in formulating our trading strategy. The following is a discussion of what our model indicated for a few selected commodities. If you are interested in other commodities feel free to contact us at lee@ifgfutures.com but be advised a working phone number is required.
Our trends change on Friday weekly closes, unless the weekly close is on Thursday.
WORD TO THE WISE
Past performance is not indicative of future results. The information contained in this report is intended for informational purposes only and is the opinion of the writer and may change at any time. This information was compiled from sources believed to be reliable but accuracy cannot be and is not guaranteed. There is no warranty, expressed or implied, in regards to this information for any particular purpose. There is SIGNIFICANT RISK involved in trading futures and or options on futures and may not be suitable for all investors. Investors should consider these RISKS and evaluate their suitability based on their financial conditions. No one should ever consider trading futures or options on futures with anything other than RISK CAPITAL. This information is provided freely and is NOT in the capacity of a trading advisor. NO LIABILITY on the part of the author exists for any trading loss you may incur in the
use of this information. Information provided is not to be construed as an offer to sell or solicitation to buy any commodity or security named herein.
*LATEST TREND CHANGES OCCURING ON FEBRUARY 10, 2010
**EARLY WARNING
|
Commodity |
Long Term Trend |
Reversal Date |
Trend Reverses |
| *Long May Corn/Short May Wheat |
|
Feb 17 |
Above 50 ¼ |
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| *Long March S’beans/Short March Cotton |
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Feb 17 |
Above $89.57 |
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| *Sell April Cattle |
Down |
Feb 17 |
Above $132.10 |
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CONTINUING |
TRENDS |
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GRAINS |
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| March Soybeans |
up |
Feb 17 |
Below $11.16 ½ |
| March Corn |
up |
Feb 17 |
Below $5.94 ¼ |
| March Wheat |
up |
Feb 17 |
Below $5.96 |
| March Soybean Meal |
up |
Feb 17 |
Below $281.20 |
| March Soybean Oil |
down |
Feb 17 |
Above .5361 |
| March Rice |
down |
Feb 17 |
Above 1547 |
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CATTLE & HOGS |
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| **April Hogs |
down |
Feb 17 |
Above $88.75 |
| March Feeder Cattle |
up |
Feb 17 |
Below $144.15 |
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METALS |
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| March Copper |
up |
Feb 17 |
Below $3.5575 |
| March Silver |
up |
Feb 17 |
Below $29.307 |
| April Gold |
up |
Feb 17 |
Below $1651.20 |
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SOFTS |
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| March Coffee |
down |
Feb 17 |
Above $247.40 |
| March Cocoa |
down |
Feb 17 |
Above 2156 |
| March Sugar |
up |
Feb 17 |
Below 2239 |
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ENERGIES |
|
|
| March Crude Oil |
down |
Feb 17 |
Above $109.06 |
| March Nat Gas |
down |
Feb 17 |
Above $3.367 |
| March Reform Gas |
up |
Feb 17 |
Below $2.6287 |
| March Heating Oil |
up |
Feb 17 |
Below 2.9329 |
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E-MINI S&P |
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| March E-Mini S&P |
up |
Feb 17 |
Below 1253 |
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CURRENCIES |
|
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| **March Euro Currency |
down |
Feb 17 |
Above 1.3381 |
| **March Japanese Yen |
up |
Feb 17 |
Below 1.2931 |
| March Aussie Dollar |
up |
Feb 17 |
Below 1.0107 |
| March Canadian Dollar |
up |
Feb 17 |
Below .9798 |
| March Swiss Franc |
up |
Feb 17 |
Below 1.0599 |
| March British Pound |
up |
Feb 17 |
Below 1.5300 |
| March U.S. Dollar |
down |
Feb 17 |
Above 82.906 |
|
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SPREADS |
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| Long March Corn/short Dec Corn |
|
Feb 17 |
Below 42 ½ |
| Long Nov S’beans/Short Dec 12 Corn |
|
Feb 17 |
Below $5.83 ½ |
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| Long Nov S’beans/Short March S’beans |
|
Feb 17 |
Above 36 |
| Long Nov S’beans/Short July S’beans |
|
Feb 17 |
Above 45 ¾ |
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Feb 17 |
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| Long March Wheat/Short July Wheat |
|
Feb 17 |
Below -46 |
| Long July Wheat/Short Dec Wheat |
|
Feb 17 |
Below -37 ¾ |
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| Long July Hogs/Short April Hogs |
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Feb 17 |
Above -665 |
| Long Oct Hogs/Short June Hogs |
|
Feb 17 |
Above 1182 |
| **Long April Cattle/Short April Hogs |
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Feb 17 |
Below 3395 |
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