Monthly Archives: March 2013

Midday Missive

Posted on 03/25/2013

Wednesday is a Full Moon, which means there should be some big action mid week. Thursday is a major crop report. This is the one that is always a major market mover. For those of you that bought GDX, Keep … Continue reading →

A.M. Look 3/25/13

Posted on 03/25/2013

Whitewave will be closed in observance of Passover Tuesday & Wednesday, Coupled with the  unexpected loss of a family member yesterday, will publish our next update on April 1. To those of you who have recently started following us, this … Continue reading →

FBTP_-_Long-Term_Euro-BTP_Futures_Weekly_Continuation_

Posted on 03/22/2013

Euro traders….keep a weather eye on the Italian Bond technical s for price rejection in the Euro. Euro buy stops are over 130.10-20

A.M. Look 3/22/13

Posted on 03/22/2013

Grains… Wheat…needs all new closing strength over 7.374 for higher Corn…we like to see Corn hold 729 to avoid any lower retests. As seen by looking at the Green mvg avg line, ( 200 day) is temporarily capping the rally. … Continue reading →

IYT…Transports

Posted on 03/21/2013

The Transport s and Financials led the up. This is a go or no go level in the Transport s. 108.08-107.66 is the bear trap level the first time down. Currency traders…it’s a Risk Off/Risk On paradigm. Act accordingly.

DIG & XLE ETF’s

Posted on 03/21/2013

DIG… maintaining and closing above 55 is a new breakout. XLE… shows sustaining above 78.80 is needed in this ETF. Natgas… 3.93 is the Qrtrly ORH #. Natgas is not something to lead off on. Look to these ETF’s for … Continue reading →

Silver

Posted on 03/21/2013

The weekly Silver level is 29.35. Maintaining and closing over this level would leave room for another dollar of upside.

AUD/NZD….EUR/AUD

Posted on 03/21/2013

It’s earlier here… AUD/NZD…is into support with 124.88 being the low end of the support area. EUR/AUD…is right into support @ 123.70-90. The above are exit zones..not levels to press direction

A.M. Look 3/21/13

Posted on 03/21/2013

Nikkei…from the 2007 high to the 2009 low, this is up 50%. We caution investors to not buy strength until you see a couple of closes over 12700. Confirmation of another leg up is needed with sustained action over this … Continue reading →

A.M. Look 3/20/13

Posted on 03/20/2013

Oil…needs to maintain over 93 for a re-test of 94. Resting sell stops remain @ 91.70. USD/JPY…95.05 will act act a pivot. Price action around that level will dictate how the crosses trade. Euro…130.00-20 is resistance and the closing upside … Continue reading →