Week of Oct 15th, ASX & Rough Rice

Click to enlarge:

Stock Index Corner: Australian All ordinary Index
This market has found a stong bottom and has moved up strongly since. The upside momentum looks set to continue.

S&P500:
Big Picture: (monthly): Bullish
Medium term (weekly): Sideways to Bullish
Short term (daily): Bullish

Do note that next few weeks of US corporate earnings annoucement may increase volatility of the markets and also some key economic data are released this week: CPI, PPI, Housing starts.

Major World Indexes
Weekly MACD Histogram (Medium term): FTSE, Nikkei, ASX - UP (Bullish)

Commodity Corner: Rough Rice

Technical:The daily of Rough Rice presents good setup for the shorts. The first likely support is 954 (Nov futures)

Trading ideas : (please do your own research and apply your profit/ risk management rules in all trades, please note except options writing, all the other trades may last just several days)
Writing Options: OTM Soy Meal Puts
Futures: Short Rough Rice
Stock Options: EXPE (long calls), EXPD (long calls)