Daily Archives: 05/02/2013

XHB…SPU ( SDS)…WTR..CAT…EURO

The home builders and the Spu’s seem to be following the same swing or pattern, just failing to give even a 30 % correction, from this last little wiggle. The world has put back on it’s blinders and trading masks. … Continue reading

The First Wiggle…

Euro…held perfect support @ 131.30 on the rate cut for the first bounce. New strength above 132.30 should not be faded. 30 Yr. Bonds…148.18 is first support. Resting weekly sell stops are 148.09 TLT…122.50 is where the bigger support comes … Continue reading

A.M. Look 5/2/13

AUD/JPY…99.37 is the 50 day mvg avg. This level will act as a pivot. This cross either holds right in here or it can break another 2 figures to 97.70 ish. EUR/AUD…as long as this maintains above 126.75-127 we’re looking … Continue reading