Pro Tips

A.M. Look 6/3/15

Posted on 06/03/2015

Stocks… Spu’s…have to sustain over 2015 for higher. The low 2090’s is near term support the first time down.DAX…11,380 is the weekly closing hold level. Bonds … TBT…48.16 is support and the downside pivot. FX… EURO…110 will be pivotal all … Continue reading →

APC…Pattern Alert!

Posted on 06/02/2015

Midday Missive

Posted on 06/02/2015

USD/JPY…macro stops are being elected with a potential ORL in play. 80.74 in JYAM is the level to watch. AUD/USD…77.65 is resistance and the upside momentum # Spu’s have held the 50 DMA on today’s low. FCX & BHP are … Continue reading →

A.M. Look 6/2/15

Posted on 06/02/2015

Stocks… Spu’s…have to sustain over 2015 for higher. The low 2090’s is near term support the first time down.DAX…11,380 is the weekly closing hold level. Bonds … Bunds…(M) 153.95 is support and the closing downside pivot for more weakness. French … Continue reading →

Bund

Posted on 06/01/2015

EUR/AUD

Posted on 05/29/2015

A.M. Look 5/29/15

Posted on 05/29/2015

Stocks… Spu’s…2110-12 has to hold to avoid profit taking. DAX…11,860 is resistance and the upside pivot. 11,500 is support, below there is room for a deeper correction. SHCOMP…broke to test it’s 21 DMA before recovery last night @ 4466. This … Continue reading →

MCHI…Closing Trade Alert!

Posted on 05/28/2015

I feel like I’ve just stepped up to the pass line at a craps table. Here is the rub. I like the thesis, however I don’t like the ORL pattern in the SHCOMP although it’s sitting right on trend momentum … Continue reading →

Midday Misssive

Posted on 05/28/2015

Another day…another opening range trade. Spu’s get much below 2112 look for more red across the board. GPRO…the market darling has hit it’s 200DMA @ 57.90 which should cap that rally as well.

Soybeans

Posted on 05/28/2015

I like this low with a very tight stop of 9.21.