Daily Archives: 06/07/2012

SDS Trade Alert!!…Risk Off?

Posted on 06/07/2012

The energies act abominable after blowing off in the early A.M. Aussie and Euro both put in good highs which could hold for a while. You either sell the equity indices against today’s high or you look for an alternate … Continue reading →

Platinum All Session Continuation Chart

Posted on 06/07/2012

Platinum is trading at it’s 18 mvg avg. A close below 1433.80 puts in an ORL day. Platinum is a good RISK INDICATOR for industrial demand Watch for general market tone

CAT | Caterpillar Daily

Posted on 06/07/2012

Interesting Chart of the day CAT has gapped up into the 18 day mvg avg…which is resistance.. 88.55 will be a good directional short term pivot. Watch for general market tone.

CADJPY | Daily Chart

Posted on 06/07/2012

CAD/JPY & GBP/JPY…are both coming up to their respective 200 mvg avg’s. 124.07 GBP/JPY 77.96   CAD/JPY CAD/JPY is an excellent Risk barometer that has been highly correlated with the S&P 500. Watch for general mkt tone.

A.M. Look 6/7/12

Posted on 06/07/2012

Nasd (M)…2574 is Fib resistance…2571 is the weekly ORH level with stops above. Spu’s (M)..1322 Fib resistance ….1334.20 is the weekly ORH level with stops above. This is also a 50% re-trace of the entire move. 1345 would be the … Continue reading →