Tag Archives: Technical Trading
Day-Traders…30 Yr. Bonds
The June 30 yr.Bond point & Figure runs into resistance around 150.06…App 149.18 ish Sept. This level should dictate the next swing in the Spu/Bond Spread.. You’ll need consistent & sustained price action above this level for more follow through … Continue reading
US T-Bonds ORL Pattern Alert
A close below 145.28 pit….145.24…all session.. Will put in an outside reversal lower day (ORL). This is a price negative pattern!
SPU/Bond Futures Daily Continuation
Patience…we are getting close in the Spu/Bonds and you do not want to get directionally trapped.. You can see the 200 day which is the green line and the commensurate 50% retrace fibs just below… If you’re short equities, keep … Continue reading
Spu | Nasd | ORH Pattern Alert
2631…Nasd is the closing ORH # Spu’s….1362.70 Pit….1363.75 all session chart. Short term the Spu’s have to maintain over 1361 for higher. Closes over these levels will put in a price positive formation. It is shaping up to be a … Continue reading
Crude Oil Futures Weekly Chart…Pivotal Level
101 in the Crude becomes a pivotal level and a candidate for a Bear Trap..( Be wary of pressing shorts into this level early) Price action back above 101.82 would be the first sign the Oil is trying to hold … Continue reading
Pattern Alert…ORL Possibilities
The following are possible ORL candidates.. PCLN…747.14 AAPL…578.86 OXY… 91.20 CAT… 100.65 DE… 81.79 If you’re in these names pay attention to the late show today. GS …with sustained price action under 111, this looks to be headed towards the … Continue reading
DBC…EWZ…Trade Alert!
These long instruments should be Sold @ the market They have both violated their chart patterns. We sticking with our game plan…They either work or they don’t!
30 Yr. Bonds
142.13 is the downside pivot and the Daily ORL # Pay attention to this level in relation to the SPU/BOND spread… You know the drill… Bonds down…Equities Firm
CQG_IC_Chart_S_KBE_-_SPDR_KBW_Bank_ETF_Weekly
Keep this on your Radar…. A close over 23.50 tomorrow, puts in an ORH week.
CQG_IC_Chart_CLEM2_-_Crude_Light_(Globex)_Jun_12_Weekly
Most markets are in cinq following the Dec/2011 lows to the recent highs.. Oil is no different… We’ve put in the Fibs of the short swing , which is the Dec lo to the high of this year.. The big … Continue reading