30 yr. Bonds…. 145.31-146.09 being the rejection zone the first time up.
TBT…65.08 is the 200 day. 64.68 is where the trailing stops are with 64.57 the first fib zone.
This looks attractive around 64.60-70 for a bounce.
NASD 100…2682 down to the 200 day @ 2667 is the buy zone and the exit zone for any shorts the first time down.
Spu’s…sell stops below 1444. Then the levels are in 10 point increments. Bulls will be looking to buy 1434-25.
Oil…held perfect support on Friday. All new sustained strength over 93.75 is needed for more up on the weekly chart. 91.50 will remain pivotal.
Euro…131.60 ish is resistance. 129.85-130 is support.
AUD/JPY…91.75 is first support. Short term stops are under 91.09.
Gold…1661 is the 200 day, Gold needs closes over 1675 for more upside.
Silver…29.90 will remain the closing pivot. 30.65 is the 200 day mvg avg.
31.10 will be next resistance
General Comments…
The currencies have retested the unemployment lows, while the Bunds and the Bonds seem to be trying to base out
for an attempt higher.
Spu’s have failed to close over 1462 for 4 months ( We’re still waiting for this confirmation higher).
Nasd is less friendly with GOOG and AAPL going in different directions canceling out a move either way in the index.
Model Trading Portfolio……………..
Stop Close Profit Points
Long ANR
Long Feb AAPL 550/575 call spread
Medium Term View… updated qtrly
These are static levels that do not change.
The Medium Term View will be included as a courtesy for our clientele in the A.M. Look. It will no longer be available in our archive section until the end of the qtr.
