Entry Alert - U.S. Dollar Index Call
4/26/2008 10:03:32 PM
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INTERMEDIATE TREND OF THE U.S. DOLLAR MARKET: UP
STOCK/OPTION/FUTURE UNDER ANALYSIS: JUNE 2008 74.00 U.S. DOLLAR INDEX CALL OPTION
TICKER SYMBOL: DXM874.00C (Note: For some firms the ticker symbol may be different)
LAST CLOSING PRICE OF JUNE 2008 U.S. DOLLAR INDEX FUTURES: $73.030
EXPIRATION DATE OF FUTURES CONTRACT: JUNE 16, 2008
PRICE VALUE OF ONE FUTURES POINT: $1000.00
LAST CLOSING PRICE OF JUNE 2008 74.00 U.S. DOLLAR INDEX CALL OPTION: $.555 ($555.00)
EXPIRATION DATE OF OPTIONS CONTRACTS: JUNE 6, 2008
PRICE VALUE OF ONE OPTIONS POINT: $1000.00
This e-mail is to alert you that the intermediate term trend has changed for the June 2008 U.S. Dollar Index Futures. The intermediate term trend for the June 2008 U.S. Dollar Index Futures is UP! And to buy one DXM874.00C (June 2008 74.00 U.S. Dollar Index Call Option) as follows:
Buy to open one DXM874.00C (June 2008 74.00 U.S. Dollar Index Call Option) at limit price of .555, good for the day.
ESTIMATED ORDER TOTAL
My fellow subscribers,
Please see the daily chart for JUNE 2008 U.S. DOLLAR INDEX below DATED FRIDAY, APRIL 25, 2008.
The end of the bear trend in the JUNE 2008 U.S. DOLLAR INDEX is in effect as signaled by the breaking of the 45 degree trend line (above) drawn from the February 2008 peak. The breaking of the 45 degree trendline confirmed that a new UP TREND is underway. (Note: This will be true as long as prices remain above the support line (above) at 72.00.
We cannot classify the JUNE 2008 U.S. DOLLAR INDEX to be extremely bullish until prices violate either the third trendline (above) but especially the long term trend line (above) at $75.50 on higher than normal volume.
And remember, follow THE J.E.D.I. WAY, and the force will be with you.