Next week’s predicted major market ranges from Trevor Smith.
Next Week’s Predicted Ranges (Potential Near-Target Trades Relative to Friday’s Midday-Close)
E-mini S&P 500
High Range 3038-3028; Low Range 2983-2967.57
Buy 3015/3020 put spread weekly
Japanese Yen
High Range 9306-9280; Low Range 9216-9194
Short put spread 9225/9250 weekly
Euro FX
High Range 1.138-1.133; Low Range 1.127-1.121
Buy 1115/1117 call spread weekly
Gold
High Range $1445-$1427; Low Range $1408-$1395
Current: $1425/$1420 buy put spread weekly
Existing: Short 1410/1415 call spread weekly/monthly= two profitable exits occurred already or held; Held last week’s: “Sell 1390/95 call spread monthly” either expires at loss or wins next week/Fri.
ever trade with more than one can throw away and not miss.
Crude Oil
High Range $5802-$5707; Low Range $5496-$5418
Buy $56/$5650 call spread weekly
