Monthly Archives: May 2013

VIX…NZD/USD

15.70 is next resistance. This is breaking out above the 200 day of 14.88. Kiwi Dollar…Put this on your sell rally list with any retest of 81.00 This is attempting an ORL qtr.

JJG…Trade Alert!

The JJG is holding up on the weekly charts with the Wheat leading this particular charge up in the Grains. We’re Buying the JJG @ the Market! The stop on this trade is $1 or 51.20 stop close.

30 Yr. Futures…Stock Indices

30 Yr. Futures…141.03 should be your focal point for the rest of the day! Sustained price action below will have the Equities rallying and the Bonds being sold. Big “Risk On” price action ETF Traders… the TBT does not line … Continue reading

A.M. look 5/31/13

30 Yr. Bonds…could extend to 142.16 and reject. TBT…66.30 ish should line up with the 30 Yr. Futures today for first support. Spu’s…(S&P 500)1642 is the weekly closing level we’ve been watching. Weak below and firm above. EUR/JPY…closing under 130.10 … Continue reading

Midday Missive

Euro…Weekly and Fib resistance comes in @ 131.10-15. I know everyone wants to be short the Euro, however it’s still the wrong way on every major currency cross and will remain so going into Month end. Timing will be better … Continue reading

A.M. Look 5/30/13

JJG…as long as this maintains above 51.40 this formation is positive. A close over 53 will lead to a rally towards 54.40. CORN (FUND)…this is a weekly trend line break out above 41.70 going back to last August. CN…(July Corn … Continue reading

Time Frame Trading

Let’s see if this turns out to be the same price action as the past 3 trading days with extremes in the Equities put in going into the close of the London trading session. Keep your eye on the 30 … Continue reading

Futures Traders…Natgas

4.174 is now your pivot for all short term trading.

30 Yr. Bonds…Closing Trade Alert!

Buy the 30 Yr. Futures @ the market! Time to take some money and wait for a rally

Further Notes

XLP…trailing closing stop is 41.40. AUD/JPY…macro sell stop are 96.80. Match this area up with 1642 close in the Spu’s and 2980 Nasd 100. AUD/JPY is a surrogate Risk Cross. If the Equity Indices hold so will the cross. Gold…needs … Continue reading