Monthly Archives: May 2012

TBT | Trade Alert!

We’re Buying a 20% position @ the market. Our rational is more a stab at a potential double bottom in the SPU/BOND spread @ 87 than anything else on the board. Bonds are up 8 full points on the month. … Continue reading

A.M. Look 5/31/12

AUD/USD…the levels coming down are as follows…96.64…95.74 Fib support ( 1/2 way back for the past 2 years),then 93.91 which would match up with the eventual swing count tgt. Copper…32760-32840 followed by the 200 day @ 32200 EUR/JPY…97.01 is the … Continue reading

30 Yr. Bond Futures

149.15 ish is the first tgt level from Dr. Nenner matching 16 in the TBT. My swing counts come in closer to 153-154 depending on how you measure them. Spu/Bonds…a retest of 87 is possible followed by 85. Short term … Continue reading

A.M. Look 5/30/12

Crude Oil Futures…89.17 is the hold # and downside pivot. AUD/JPY…76.85-77.00 is the hold level and downside pivot. USD/JPY…stops lie just under 78.99 with the 200 day @ 78.62 (127.19 Futures). Euro…is getting oversold on the shorter time frames. This … Continue reading

Time Frame Trading

Spu/Bonds are flirting with the 200 day moving average.  Both the Spu & NASD Futures are into near term resistance. GDX…the miners should reject 45.90-46.25 the first time up. ECA…needs a close over 21.18 for higher The technical areas written … Continue reading

A.M. Look 5/29/12

Crude Oil…The levels have not changed. 91.70 will be pivotal with 92.45 next resistance. OXY… by maintaining higher on the week, expect an attempt @ 82.67 followed by 83.45…the risk is 80.20 Nasd 100…resistance is 2592 followed by 2626 EUR/JPY…99.68 … Continue reading

EWZ | Brazil

All of you jonsing for a trade…this is a good place to look. Brazil has a potential double bottom on the yearly just shy of 49.25. I’m looking for this to make an attempt at 55, by staying over 51.50 … Continue reading

A.M. Look 5/25/12

AUD/JPY…77.80 was last weeks close. We need all new strength over this level for upside. AUD/USD…sustaining above 98.15 will be positive. The spread ( forwards) to futures is now app 20 point discount. Spu/Bonds…are trying to poke their head up … Continue reading

Spu/Bonds Daily Chart

Price action through this recent high in the spread of 89.60 will lead to another assault on the 200 day moving average of 9025. Once convincingly through, you have room for another couple of figures in the spread.. This is … Continue reading

A.M. Look 5/24/12

Crude Oil…all new price action over 91.70 is needed for higher. Gold…look for the mid to high 1570’s to be tough zone. GDX…as well as some names like NEM put in ORH days yesterday. As of now they look to … Continue reading