Originally posted by R.Cox. For the full trading breifing click here
My Trading Recommendations in 50 words
1. Stronger employment data in the US could combine with positive trends in holiday spending to support prices in the S&P 500
through next week (and the end of the month). I will be looking to enter into weekly CALLS on a drift back into 1405 for the index
, targeting a rise of at least $20.
2. Last week’s Dollar strength disproportionately affected Gold
prices and if we can get some more momentum selling into $1680
, I will enter into weekly CALLS
, as we could easily see a rally back above $1740 before then end of the year.