Socioeconomic Overview – Month of February 2007 (as posted in password protected area 2/4/07) The overall theme – anticipation of war/escalation and possible repercussions becoming more pronounced as month progresses. Trading implications: Dollar Index: Watch for a big break down this month. Nasdaq Index: This month could be the last chance to get out intact before the anticipated “correction” which could begin towards the end of the month. Oil: Wait until late in the month to buy oil, should give up gains first half. Futures Market Forecast for the Month of February 2007 (numbers in forecast below are for scale and direction and are not intended to be exact targets) Futures contract | open | Low | High | Δ Up | Δ Dn | Close | Open-Close | % | Estimated likely movement flow | | | CLJ07 | 58.5 | 52 | 63 | 4.5 | 6.5 | 62.7 | 4.2 | 8.1% | down 2 wks, consolidate 1 wk, then big rally | DXH07 | 84.5 | 81.4 | 85.4 | 0.9 | 3.1 | 82.6 | -1.9 | -2.3% | starts out going up then falls big, up last week | NQH07 | 1799 | 1780 | 1860 | 61 | 19 | 1820 | 21 | 1.2% | flat, some gains, then begins to go DOWN last week |
Results for February 2007 | | | | | | | | | | | | | | | | | | | | | | | Open | High | Pred Hi | Low | Pred Lo | Close | Open-Clo | Prediction | Actual % | Pred. % | | CLH07 | 58.53 | 62.25 | 63 | 57.11 | 52 | 61.79 | 3.3 | 4.2 | 5.6% | 8.1% | | DXH07 | 84.48 | 85.09 | 85.4 | 83.32 | 81.4 | 83.5 | -1.0 | -1.9 | -1.2% | -2.3% | | NQH07 | 1799 | 1857 | 1860 | 1744 | 1780 | 1765.5 | -33.5 | 21 | -1.9% | 1.2% | | | | | | | | | | | | | | | | | | | | | | | | chart data source: FutureSource. | | | | | | | | | | | | | | | Key | | | | | | | | | | | | exceptionally good match | | | | | | | | | exceptionally bad match |
We are not brokers nor do we offer investment advice. We offer our assessment of socioeconomic trends based on our research and analysis. Please consult a licensed professional for specific investment advice. |