Tag Archives: Spu

A.M. Look 5/17/13

Posted on 05/17/2013

Spu’s & SDS….yesterday’s close is a perfect example of why I prefer to trade Futures Vs. ETF’s. The S&P 500 Futures closed above our break down level. With the Futures, since they trade 23.50 hours a day, you can wait … Continue reading →

S&P 500 & Nasd 100 Futures + Trailing Stops

Posted on 05/15/2013

Nasd 100 …2980 is the ORL # today Spu‘s…we would need a close under 1647 for this to be considered as a short term trend change. QQQ…shows a potential double top @ 73.74, however you’d need to see price action … Continue reading →

A.M. Look 5/15/13

Posted on 05/15/2013

30 Yr. Bonds…the next set of month sell stops are 142.00 tgting 139, however this instrument is oversold short term with a double bottom @ 143.16 put in overnight. TLT…116.56 is support. Once closing below we‘re looking for 111 Spu’s…need … Continue reading →

A.M. Look 5/10/13

Posted on 05/10/2013

USD/JPY…is poking it’s head up on the monthly, which could lead to the Yen eventually moving to the 107 area and beyond. In the meantime were at multi year levels in USD/JPY and EUR/JPY which will make me reticent to … Continue reading →

A.M. Look 5/8/13

Posted on 05/09/2013

GBP/USD…buy stops are just over 156.10. Once above look for 157.30-60. Daily support and the downside pivot is 155.25. Below, look for a figure to the low 154′s. EUR/GBP…macro sell stops are under 83.90 Euro…131.32 is support and the downside … Continue reading →

A.M. Look 5/8/13

Posted on 05/08/2013

Equitiy Indices…There is no change in the downside levels for the Spu’s & Nasd from yesterday. XLV & IYM…Healthcare & Materials look cheap compared to the other sectors I just perused. 47.20 is the trailing stop in XLV for Longs. … Continue reading →

Spu & Nasd 100… Patterns

Posted on 05/07/2013

There are resting sell stops @ 1607.25 In the Spu’s SSO…77.40 Nasd 100…@ 2935… QQQ…72.12 Closes below these levels will put in ORL patterns. Only closes below the above levels “today” create the environment for a Risk Off scenario. It’s … Continue reading →

A.M. Look 5/6/13

Posted on 05/06/2013

Spu’s…1592.50-1593.30 is support. Gold…needs over 1486 or under 1440 for a new signal. 1536-39 isgood low risk resistance. Lower retests are 1420 followed by 1400. Silver…24.30 is resistance and the upside pivot. Buy stops are 24.80 which could lead to … Continue reading →

A.M. Look 5/3/13

Posted on 05/03/2013

Gold…needs over 1486 or under 1440 for a new signal. 1536-39 isgood low risk resistance. Lower retests are 1420 followed by 1400. Silver…24.30 is resistance and the upside pivot. Buy stops are 24.80 which could lead to another dollar higher. … Continue reading →

XHB…SPU ( SDS)…WTR..CAT…EURO

Posted on 05/02/2013

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 →