For the last 2 hours Europe and the U.S. Funds are cashing in their chips on all longs.. This includes commodities,metals and related stocks… Risk off!!! The big game will be after today’s Fed announcement…There is a lot of anticipation involved with this … Continue reading →

to death early! I am looking to the currencies for low risk trades which brings my focus back to Eur/Jpy Eur/Jpy has been consolidating for a couple of weeks. A close over 114 investors should start accumulating this cross.

The markets. in general, will be a big trading affair again today. I am very reticent to chase direction early. The Spu and the Dax are knocking at their highs and double top patterns In currency land the Aussie has put in … Continue reading →

1193 is now the key area for the S&P You have a potential monthly double top at 1193. Short sellers need to manage risk against this level. Price action above will lead to a whole new game. Major levels are … Continue reading →

I am in full watch mode for the next couple of days. Opportunity for day trading will be abundant. The 30 year around the mid 131.20’s should provide some of the lowest risk trade location on the board for short term trading. This … Continue reading →