Monthly Archives: June 2012

SPU | S&P 500 (Pit) Daily chart (Continuation)

Posted on 06/26/2012

Which way will they go…  1318-20 or 1293-87? Equity Indices are hovering around steady to higher on the month. Before this week is over I wouldn’t be surprised to see both. Less is more!!!

A.M. Look 6/26/12

Posted on 06/26/2012

AUD/JPY…80.15 remains pivotal General Comments… There is nothing that jumps out at me to hang my hat on one way or the other. You’ll likely see some 2 way posturing today into tomorrow before the E.U. meeting and month end. … Continue reading →

JJC | iPath DJ-UBS Copper Subindex ETN

Posted on 06/25/2012

Copper is a risk indicator..

Oil & USO | United States Oil Fund Weekly Chart

Posted on 06/25/2012

Both the Oil Futures “Pit” session @ 78.05 and the USO ETF @ 29.30 show a potential weekly double bottom pattern. While there is presently no price action to indicate this will be the low, it is a tradeable pattern … Continue reading →

JJG | GRAINS | Charts

Posted on 06/25/2012

In recent publications we’ve advocated a bullish stance. Please see our article at Seeking Alphs: Utilizing the JJG to Catch the Next Bull Run in Grains 50.50 seems to be a big zone in the JJG the first time up. … Continue reading →

A.M. Look 6/25/12

Posted on 06/25/2012

Oil …sustained price action over 81 is needs for a meaningful rally. USD/JPY…has a weekly double bottom in @ 80.63. App ( 12409-16 Futures)….Point & Figure support is app 79.62 USD/JPY ( 125.73 Resistance Futures) EUR/USD….is into Point & Figure … Continue reading →

TBT | Trade Alert!!

Posted on 06/22/2012

We will be adding another 25% to our Long TBT position on the close.

EWA | iShares MSCI Australia Index Fund (ETF) Weekly

Posted on 06/22/2012

A.M. Look 6/22/12

Posted on 06/22/2012

Spu’s…we’ll look for a rally back to challenge the trend line break out on the point & figure to short into the 30’s USD/JPY…80.45 is overextended the first time up. a retest of 79.80 App 125.25 in the futures is … Continue reading →

Copper | Weekly Pattern Alert!

Posted on 06/21/2012

Potential Outside Reversal Lower Week