Fear The Future Radio

Futures slightly  up this morning.  Volume as expected lower this week as the big money is probably getting their big parties ready and their families in the Hamptons.  We’ve spotted one trade that could be a nice payoff if it has any legs.  We’re watching NUE this morning.  IF it stays above 42.50’s we like it long to potentially get back to the 48 range.  Not sure that it’ll happen today but the chart looks fairly bullish unless of course it breaks below that level.