From late yesterday, I commented on the Oil competing a fairly big swing by printing 93.22 with Oil majors all in profit taking mode before the print. Spoo bounce lined up perfectly with GOOGLE @ unchanged on the year. Spoo … Continue reading →

The new sheet has the only places to look for serious price rejection in Oil and those levels are over 100. If you are felling bold use Crude/Bonds to pick short-term rejection levels. Bond Yields …no change…looking for an eventual … Continue reading →

In the news. I’ve been putting out work that showed the Yen is doing a major Plaza accord swing for the past decade. Nothing new! Super micro’s headline driven rally to unchanged on the year! Leave it alone. FX vs … Continue reading →

SOXL is aligning with MU, TSM and many other instruments. SOXL has just completed its expected swing to retest the long term fib.in two sessions. It will take all new sustained strength above the low 150″s for more upside. Nasd … Continue reading →

All eyes to Wednesday earnings. Everything into those will be a trade by the numbers affair. Oil requires a 79.20 print to avoid testoserone therapy.

Yesterday’s room notes I went over the depths of what this correction can look like. Everyone on the street is in denial. Key has been Asia failing. I spent time going over dividend paying ETF’s, all of which have seen … Continue reading →

Oil has rolled to Sept. Spoos can’t get high enough for a long-term PNF upside breakout. Today’s sell stops are @ 7571.75. The two levels I’m keying off of the rest of the week are SOXL 150 +- which is … Continue reading →

Two things of importance that will run the board today. The Dollar is giving up ground particularly against the Suisse. Nasd /Bonds held with the Nikkei last night. @ the magic #’s, which is something I went over late day … Continue reading →

Today I’m focused on the Nikkei and the qtrly pivots in Oil, DJI & Russell. Crude went to the qtrly pivot and stopped again. Copper will require sustained and closing price action above 6.37 to confirm higher. Spoo will require … Continue reading →

I went over the components of the CIBR ETF late yesterday. It’s in the Tactiq notes. David and I privately discussed Dell which has a similar pattern. Warsh Fed dates keep coming back into play. You’re getting a lot of … Continue reading →