It’s the last day of the month and the first team is still on vacation. I have to admit I was out of step with the Sunday- Monday trade. The markets have a small chance to hold here. Again look … Continue reading →

Usd/Jpy A close below 84.27 usd/jpy is needed to push the Yen higher ( app 118.66 in the futures) Eur/Jpy has done a 50% retrace of 2 figures in last nights session from the 105.50 bottom. The Eur/Jpy cross and … Continue reading →

A close over 1060 is needed today for an outside reversal day to the upside. Technically any longs pressing direction above 1060 into 1061.80-1064.50 the first time up will more than likely to not be very happy. This is a … Continue reading →

Sell any rally back in the bonds to 135.00-04 while buying the commensurate break in the stocks. Use a very tight stop! You’re looking for an outside reversal day to the downside in the 30 yr. and more upside in … Continue reading →

We just double bottomed at the 1037 level.. Price action under here is needed for downside follow through. If you’re short tighten up your parameters. .

The metals will be the best feature today. They tried down early and are holding. The Gold needs to close over 1237.60 for a weekly and 1244.50 for a daily outside reversal to the upside. These are price positive formations. … Continue reading →

Of note this a.m. are some closing momentum #’s in the oil and Aussie around last night’s highs that need to be closed over. These levels need to be monitored for further signs of a stock bounce. We seem to … Continue reading →

A close over 1793 in the nasd and 1058.20 spu puts in outside reversal days to the upside. This is price positive the indices and negative the bonds .

A close above 72.38 (V) crude is short term Bullish the board .

Pick up a little Aussie against the present daily low. 87.70 Aud/Usd ETF traders that’s the fxa The spu and Bonds are going to gert real interesting the next hour. 134.31 is the KENO# for the entire board basis the … Continue reading →