Welcome to everybody gets screwed day. There are too many instruments from Yen and its crosses to the Indices, which are at critical hold levels. Risk spreads are at mvg avg support matching all the Yen crosses, and I mean … Continue reading →

Long Russell-short all other indices. Upside levels were sent yesterday in the Russell. Oil…80.50 is initial support. Looking for a print below 80. Two yr. Futures are unchanged on the year. 30-2 yr. spread is where the players are betting. … Continue reading →

Best trade location is the Nikkei. Everything else remains a trade with sector spreading. Just let the board set up today.

Bloomberg was full of articles about noted Bears throwing in the towel this A.M. Unless you are technically correct you are fundamentally wrong, something those Wall Street economists have never understood. The only thing that matters is price. For over … Continue reading →

Indices are in grind mode, where they sit all day and melt up without much price action. This is the same type of price action Nasd saw in 2000. I need to see a 5650 print today for the Spoo … Continue reading →

Yra has been doing his summer road warrior tour escaping Arizona heat. Per our communication, I took another look at the life of Risk spreads to see the market from a different perspective. RSI’s are app 90% on both yearly’s. … Continue reading →

Risk spreads are positive. Initial Bond support is 118.06-09, the same retest level from Friday payrolls. Indices; Spoo keeps hanging up at its target with Nasd 250 points shy of its next big hurdle. There is not enough price action … Continue reading →

Everyone is crowing about rate cuts after Friday’s Payroll #. After a matrix to matrix swing in the 30 Yr. Langer picked off the retrace hold in both the Spoos and Bonds. They both traded the levels simultaneously and then … Continue reading →

This morning i was focused on the DAX, which elected its weekly ORL sell stops and reversed higher after printing the new qtly pivot. Both the Nasd and DAX have done so. Russell and Spoo have not. Targets are on … Continue reading →

You’ll get your opportunities again today. 30 Yr. bounced from close to the level I was looking for. With 2 overhead gaps it will be a tough trade. Indices are chart specific. Daily Continuation or ADC. Spoos require a minimum … Continue reading →