Monthly Archives: November 2011

AUD/JPY

Posted on 11/30/2011

This is a Risk On tell! 80.22-44 is a very good spot to match up with any contra trend trading in the Spu’s for the rest of the day.

EURO…SPU

Posted on 11/30/2011

Euro…135.25 is near term resistance. Stops are resting over 135.70 which would tgt 136.10-20. SPU…1235 was a descent place to take a rest. Trade your time frames.

A.M. Look 11/30/11

Posted on 11/30/2011

The majority of you told me you were not playing in the equity indices or the SDS. Our position update was put out for consistency more than a desire to do anything. ETF traders have to be in or out, … Continue reading →

Position Update… SDS

Posted on 11/29/2011

We have a small position “Long SDS”.. We know of lot of you have decided to stay on the sidelines. We want everyone to be on the same page as us, with no surprises in the A.M. as to phantom … Continue reading →

Index Futures…Pattern Alert…Pit Sessions

Posted on 11/29/2011

A close below 1182.50 Chicago Pit session is needed for the Coup De Grace. 1182.50, 1176 then 1171 are levels that will react like the 1197.50-1206.50 on top. In other words, new shorts are unlikely to get rewarded at those … Continue reading →

SDS…S&P 500 Futures…Risk Off

Posted on 11/29/2011

This has been a big trading market all year. There is no reason to think it won’t continue. That being said, you have to take your shots at the 6-8% trades when they avail themselves. That means selling the rallies … Continue reading →

A.M. Look 11/29/11

Posted on 11/29/2011

In two years, this is a first for me…I’ve placed yesterday’s comments below. The levels have not changed. The game is still day trading the spread “Long Spu’s /Short 30 Yr. Bond”, while matching up your levels in the currencies … Continue reading →

CAT

Posted on 11/28/2011

92.10- 93.15 is the zone that will be tough for any new longs. Only a close over 93.35 will lead to new upside momentum.

SDS…S&P 500 Futures…Timing

Posted on 11/28/2011

21.72-21.33 corresponds to the Futures level in the S&P 500 of 1197.50-1206.50. You’ve got an hour left in this capital flow. Then, short term guys can start looking for possible contra-directional moves in the equity indices.  

A.M. Look 11/28/11

Posted on 11/28/2011

SPU…The big zone on top is 1197.50-1206.50. Expect price rejection the first time up. Bears…this is a good spot to try a short with limited risk. ( sell them before you buy them at this area) Aussie…100.50-60 should line up … Continue reading →