June 5, 2014 - MDT - Copper-India-CAT-IWM

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.

This bears watching today. The Pit session only has the chance for an ORH day with a close over 3.0970.

This metal is attempting to bottom.

I've looked at calls in COPX ( the Copper Miners) and the other associated ETF's. The spreads are wide.

This will be a better Futures trade on a breakout

India is ripping!

U.S. names like CAT can be used as surrogates to the infrastructure play. I'm looking for this to trade over 110 next.

This has much higher targets.

IWM...held 50 DMA support this A.M. and has good upside potential with definable risk since this has lagged the other Indices.

Copper

CAT?

Russell 2000 (IWM)

For Medium Term Outlook click here.

For Glossary of terms and abbreviations click here.

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.