Risk disclosure

This material has been prepared by a sales or trading employee or agent of Providio Trading Consultants, Inc. and is, or is in the nature of, a solicitation.  This material is not a research report prepared by Providio Trading Consultants, Inc.'s Research Department.  By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.

The risk of loss is trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment.  Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of futures results.  Trading advice is based on information taken from trades and statistical services and other sources that Providio Trading Consultants, Inc. believes are reliable.  We do not guarantee that such information is accurate or complete and should not be relied upon as such.  Trading advice reflects our good faith judgment at a specific time and is subject to change without notice.  There is no guarantee that the advice we give will result in profitable trades.

DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW.  PERSON IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS.  TO THE EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION INDIRECTLY AND SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION WITHOUT REGISTRATION, THE MARKET COMMENTARY AND INFORMATION IN THIS COMMUNICATION SHOULD NOT BE CONSIDERED A SOLICITATION.

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