Monthly Archives: December 2010

A.M. Look 12/13/10

Currency futures expire this a.m. at 9:15 central time. Short term traders should focus on the Aussie for opportunity over the next couple of days. Usd/Jpy is pretty much unchanged on the quarter….long term stops are building over 84.40 Usd/Jpy … Continue reading

JJG

JJg just double topped at 50.50 on the daily charts. A close under 49.42 will be a liquidation of this position. Take the 10+% and forget it.

A.M. Look 12/10/10

Long term traders stay the course. Day traders..Good luck and don’t fight the directional flows. The bigger game starts next week with currency expiration’s Monday and Tuesday, and the big daddy…Stock indices Thursday. You presently have a short term double … Continue reading

A.M. Look 12/9/10

No great insights this A.M. It’s going to be a trade what you see kind of day however, I would point out that the Spu/Bond spread on the longer time frames is getting over baked….the Stocks have remained firm and … Continue reading

A.M. Look 12/8/10

Today will be all about price action. Do the Spu’s hold and rally back with the bonds continuing their upward march in yield? This in turn would be price positive the oil patch ect. Risk On. USD/JPY…84.40 is the major … Continue reading

Aussie

You should be 100% out of your Aussie….

TBT..

38.20-30 TBT now becomes a key zone…. Price action above this area and the bonds and TBT can extend. Technically this is a short term double top..which means the equity markets have to hold this break for further Bond weakness … Continue reading

Price action and stops

Spu has a short term destiny with a 1225 print. A close under 1220 spu today would signal a short term top in the equity markets. Lighten up all long exposure with a close under this level. JJG…the stop is … Continue reading

Metals and Miners

Dr. Nenner has been looking for a possible short term high for the next couple of weeks tomorrow. There is a good chance you’ve seen it with the Silver reaching it’s upside tgt. This is why we have been telling … Continue reading

Spu/Bonds…Aussie

Shorter time frame traders should lighten up in this spread.. This is long the Spu or SSO and Short the 30 yr Bonds ( long the TBT) The Aussie needs a good close over 100.05 to confirm higher in this … Continue reading