Daily Archives: 06/06/2012

NEM | Newmont Mining Pattern Alert

Posted on 06/06/2012

Yesterday we sent out a piece on taking profits or tightening up your risk in the miners for those involved. NEM..is attempting an ORL day with a close below 51.25, which would confirm the level in the GDX of 48.50

A few levels to watch

Posted on 06/06/2012

Spu’s…1320 is the first 30% from last months high Nasd… 2560 is the same level. XLE.64.60-70 CAT…88.50 ECA…21.15-18…closing above tgt’s 21.90 MMM…84…then 84.50 IBM…by maintaining and closing over 192.90 the next tgt is 195.40 The rest of the day will … Continue reading →

SSO ProShares Ultra S&P500 Chart

Posted on 06/06/2012

ETF traders….48.90-49.00 is your key hold level. 49.75-93 is closing resistance. This chart looks exactly the same as the Futures.

30 Yr. Bond Futures Roll

Posted on 06/06/2012

I don’t roll for another week in the 30.. I am writing JUNE!!!!!

A.M. Look 6/6/12

Posted on 06/06/2012

Welcome to the Mid -Week Shuffle… Gold…could go as high as 1650 Platinum…stops are over 1674 Spu’s …1292.50 should be early support. 1300 is early resistance. Nasd…2496 is early support. 2527-24 is the 18day mvg avg. and the monthly close. … Continue reading →