A.M. Look 7/7/14

General Comments or Valuable Insight
It’s summer time.There is a distinct lack of interest in trading.
Equity markets need time to digest.
The metals markets are showing fatigue. I’d look for the Silver to trade back toward it’s 200 DMA @ 20.30 with sustained price action below 20.90.

30 yr. Bonds show the best potential for alpha today. They could easily rally to 135.27 by maintaining over today’s ORH# of 135.07.

Opening Range Time Frame Trading again today.
Short Term View…
Keep trading to make money. The opportunity will be in individual names.
 

Individual stocks look to be an easier read based off their own technical s.

This entry was posted in Archive and tagged , , , . Bookmark the permalink.