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30 year Bond Futures AAPL AMZN AUD/JPY Aud/Usd aussie Bund CME Group Futures Copper Crude Oil Dax DJI EUR/AUD EUR/JPY Euro FB Forex Markets GBP/USD Gold GOOGL Grains IBB jjg NASDAQ 100 Futures NATGAS NFLX Nikkei Oil Risk On Trades S&P 500 Futures Silver SMH Soybeans Spu Spu/Bonds Stock Indices tbt Technical Trading TLT Trade Alert USD/CAD usd/jpy VIX Yen Yra Harris
Monthly Archives: October 2010
FXI….Pattern Alert
45.15 is an important closing level today. Fxi has a 2 year double top working from the 46.60 level coupled with an outside reversal week if it closes under 45.15. Once again this is a price negative pattern that can … Continue reading
A.M. Look 10/29/10
Key weekly #’s..Today is month end… Copper 372 Aussie 96.60 Euro 136.97 Eur/Gbp 87 Closes below these levels complete outside reversal patterns. These are so called risk off patterns. They are reflective of a price negative stock picture. Eur/Gbp…This cross … Continue reading
Currencies…Stocks
139.40-60 Euro 98.00-20 Aussie Price action above these levels is needed for follow through These currency areas which should provide some good resistance are lining up with the stocks running out of steam! Add to the SDS on a close … Continue reading
A.M. Look 10/28/10
Eur/Gbp 86.77 is the 3rd qtr close…as previously mentioned a close under 87 in this cross tomorrow would put in an outside reversal lower weekly close. This is a price negative pattern which would then allow you to sell Euro … Continue reading
Bonds…TBT
You should have a partial long position in the TBT now… This is an important portfolio component for you Private wealth guys with big bond fund exposure… A 2 p.m. close CST for the 30 year Bond futures under 129.16 … Continue reading
TBT… Weekly Pattern Alert
The TBT has a potential outside reversal week to the upside working This is a closing Friday # above 34.13… Price negative Bond futures! Game plan…. I want to nibble at this pattern….Buy a little TBT around 34.24-13.. With a … Continue reading
Copper…..Pattern Alert!
372.00 (v) Copper A close below will signal a big technical break down…The copper has a 2 day double top. A weekly close below 372 would signal a capitulation of the easing scenario…Money for nothing! This pattern is price negative … Continue reading
Bonds…the key to the show
This a.m.’s early low of 129.21 +- 4 points on a closing basis is huge Look to the bonds to dictate further price action across all asset classes Once again Bonds hold support….the currencies will hold and so will the … Continue reading
A.M. Look 10/27/10
Eur/Gbp 86.77 is the 3rd qtr close…as previously mentioned a close under 87 in this cross tomorrow would put in an outside reversal lower weekly close. This is a price negative pattern which would then allow you to sell Euro … Continue reading
SDS
The Euro, Aussie,Oil, Gold and Silver have held major support today. It presently appears to be dead money..The market is not going anywhere. The indices keep holding support on the breaks. Hopefully the partial portfolio protection that it’s provided allowed … Continue reading