Pro Tips

Midday Missive

Posted on 08/20/2015

Shorts are pressing in the hole. My volatility indicator is getting to a reading that simply says you should sell rallies/not breaks. The rest of the day will be a time frame trade. Nasd 100… traders should be aware of … Continue reading →

A.M. Look 8/20/15

Posted on 08/20/2015

Stocks… Nasd 100…the levels have not changed. 4430 is support. Closing below 4420 will lead to a much deeper correction. Bonds … 30 Yr. Bonds…do not fade the up. TLT…126.70 is Fib resistance. Bunds…155.74 is the reversal qtrly low which … Continue reading →

A.M. Look 8/17/15

Posted on 08/17/2015

Stocks… MVV…77.95 is the low risk buy level. Only a close below 77.29 (it’s 200 DMA) turns it lower Spu’s…we’re back up at the higher end of the range. 2061 is the lower end of value on the point & … Continue reading →

A.M. Look 8/13/15

Posted on 08/13/2015

Stocks… Spu’s & Nasd 100…have filled out their respective point & figure charts. Nasd 100/30 Yr. Bonds….have rallied back to it’s 200 DMA. This will make upside follow through in the Nasd from here arduous. SHCOMP…the powers that be seem … Continue reading →

Midday Missive

Posted on 08/12/2015

Googl & IBB are trying to keep the market from imploding. GOOGL… today’s hold and meltdown level is 680. IBB…today’s hold and meltdown level is 361.50. Yen…confirms a tradable low with a close above 8061 in the Futures. 124.50 USD/JPY. … Continue reading →

A.M. Look 8/12/15

Posted on 08/12/2015

Stocks… Nasd 100…4430 is the tgt for this sell off. A close below 44.20 gives way for another wave down. Spu’s…2052 is weekly mvg avg support. Closing the week below this level gives way for another 70 points of downside. … Continue reading →

The Late Show

Posted on 08/11/2015

Both the Spu’s & the Midcap are trading within a breathe of their respective 200 DMA’s, just below today’s current low. The Bulls will want to see some recovery off these levels. If the market is going to hold, the … Continue reading →

Nasd 100

Posted on 08/11/2015

4512.75 is today’s ORL # We just ran those stops. Price recovery over 4513 after 12:30 is mandatory for any type of relief rally.

S&P 500 Sell Signal

Posted on 08/11/2015

I’m getting another sell signal in the Spu’s. This tells you to sell rallies again. So far we’ve maintained the early low as the U.S. is being bought against the rest of the world. Time frame Trading the rest of … Continue reading →

A.M. Look 8/11/15

Posted on 08/11/2015

Stocks… Nasd 100…4550- a few is today’s momentum level. Spu’s…2086 was yesterday’s opening range & today’s momentum level. All new weakness below 2080 should not be faded. Bonds … Bunds…154.46 is unchanged for the past couple of weeks. Bunds have … Continue reading →