NORTH AMERICAN AG DAILY STOCKS UPDATE 7/25/11
DAILY REVERSAL PATTERNS:
Buy signal for Sept E-mini S & P on Monday, July 25, 2011 if price trades
above 1343.50.
HARMONIC GANN WHEEL SUPPORT AND RESISTANCE:
Support for Sept mini S and P measuring from the 1347.75 high.
144 degree = 1288.00; 180 degree = 1276.00
Resistance for Sept mini S and P measuring from the 1291.25 low.
144 degree = 1350.275; 180 degree = 1363.00
HARMONIC GANN WHEEL CYCLE ANALYSIS:
Measuring from the 4/18/11 low of $1285.25 Sept mini S&P had a harmonic
cycle of 90 degrees due on 7/18/11.
WEEKLY TREND FOLLOWING STOP:
On the week ending 7/8/11 the weekly Sept S&P chart went LONG
at 1342.50 with current trend following stop at 1256.25 (7/29/11).
WEEKLY REVERSAL PATTERNS:
No weekly buy or sell signal for Sept e-mini s&p the week ending 7/29/11.
WEEKLY CYCLE ANALYSIS:
Measuring 120 weeks from the 3/6/9 low of 665 3/4 on the e-mini S&P
contuation chart there is a possible change of trend due 6/24/11.
HEDGE RECOMMENDATIONS:
Continue to use our computer generated trades and our seminar
information for your hedging. Best of both worlds!
Dave Gleason
North American Ag
752 E. Greenbrier Place
Sioux Falls, SD 57108
Phone 1-605-367-9278
** The North American Ag Report includes information to from sources
and technical analysis believed to be reliable and accurate as of the
date of this letter, but no independent verification has been made
and the letter is not guaranteed to its accuracy or completeness.
Opinions are subject to change without notice. This report should not
be constructed as a request to engage in any transaction involving
the purchase or sale of a future contract and/or commodity options.
The risk of lost in trading futures contracts or commodity options
can be substantial, and investors should carefully consider the
inherent risks of such an investment in light of their financial
conditions. Only those in the proper financial condition and who are
willing to assume responsibility for the risks involved should
attempt futures trading. Any reproduction or retransmission of this
report without the express written consent of CTA Dave Gleason is
strictly prohibited.
NOTE: I am the adviser you are the decision maker. I have obligation
to give you my opinion because you purchased my report; you are
responsible for your decision whether to except my opinion and act on
it or not. DG