Monthly Archives: December 2012

A.M. Look 12/31/12

Spu’s…1360-71 is the level down to watch for bounces below the 200 day (app 1386.50 Pit) Nasd…2559.50-2539 is the level to look for bounces. These levels as well as the Spu #’s are better exit zones the first time down … Continue reading

Holiday Hours

Whitewave would like to extend everyone a big thank you for following us this year. We wish everyone safe travels and a Happy Holiday. May you and yours have good health and continued prosperity in the New Year! Thanks again … Continue reading

OIL…Position Update

We were stopped out @ break -even. Traders ( that want to give it a go) can buy this back with a stop under today’s lows.

TBT

Slightly above 62 is the place to look for a bounce. The risk is a close or sustained price action under 61.50. This should somewhat line up with a 148 print in the 30 Yr. Futures. General price action… We’ve … Continue reading

A.M. Look 12/21/12

Title…It happened one night  or  Boner gets Boned!!! It’s the Rocky & Bullwinkle show. That was the type of price action in the E-Mini’s have not seen since the Flash crash, although this one was only a mini…50 handles, they … Continue reading

CPE_-_Copper_(Globex)_Daily_Continuation.gif

Copper…has had a pretty big and fast sell off. It’s into Fib support @ 351.75. It would need to close and sustain below this level for more weakness. I am not advocating doing anything…Just watch for mkt tone.

CAT_-_Caterpillar_Inc_Daily.gif

This is a pretty good blow off pattern in Cat. This should find some support between 87-88

A.M. look 12/20/12…W/Trade Alert!

Oil…91.45– 92 is the next significant resistance area. 30 yr. Bonds…we are going to sell the Bonds “which = buying TBT” with a tight stop…at the 147.14-20 level. We want to start small with a 25% position. Euro…held macro pivots … Continue reading

EWZ…Brazil

Brazil…is playing catch up. This put in an ORH day yesterday. there are resting stops over 55.52. Although this is short term overbought, the long term maps look good for a move toward 60. Strategy…It would be nice to put … Continue reading

OIL… Trade Alert price adjustment!

Cancel the order to buy FEB Crude @ 88 Buy @ 87.70 The whole board seems to have gotten ahead of itself.. Let’s be patient. We want this on our terms.