Daily Archives: 05/22/2013

Downside Tgt’s In the Indices

Posted on 05/22/2013

Spu’s …1628-30 is the first fibNasd 100…2960 followed…2887 is the best level to look for a bounce. The next set of sell stops are just below 2996. This is predicated on sustained price action below 1660 S&P 500 Futures and … Continue reading →

Today’s Reversal levels for the Equity Indices

Posted on 05/22/2013

A close below these levels would be needed to signal a high for a sell off. Nasd 100…3008 SPU’s…1660 TFM…9931 Midcap..120770 SDS…38.62 (above) since this is a double short. The Midcap 400 is leading the profit taking. The Banking sector … Continue reading →

JJG…Trade Alert!

Posted on 05/22/2013

Sell 50% of the JJG @ the market. Adjust your orders accordingly.

Position Update…Stop Adjustment

Posted on 05/22/2013

We were stopped out of the remaining Long TBT. We are still Short 30 yr. Futures… JJG orders to sell and take profits are working and still good. Cancel/Replace…Lower the protective BUY Stop to 144.16 from the original 145.05 Cancel … Continue reading →

IUSDJPY_-_Japan_(Yen)_Index_Quarterly.gif

Posted on 05/22/2013

Futures traders…95.50-95.00 is the spot to cover short Yen positions On any Risk On rout after Ben has his say.