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30 year Bond Futures AAPL AMZN AUD/JPY Aud/Usd aussie Bund CME Group Futures Copper Crude Oil Dax DJI EUR/AUD EUR/JPY Euro FB Forex Markets GBP/USD Gold GOOGL Grains IBB jjg NASDAQ 100 Futures NATGAS NFLX Nikkei Oil Risk On Trades S&P 500 Futures Silver SMH Soybeans Spu Spu/Bonds Stock Indices tbt Technical Trading TLT Trade Alert USD/CAD usd/jpy VIX Yen Yra Harris
Pro Tips
OIL…WTI
As seen on this point & figure, price action under today’s low should lead to new lows in in Crude. 47.30 is resistance, with sustained price action over 47.50 positive.
JJG…Trade Alert!
BUY JJG @ 36.95 Stop On Close Wheat needs a close over 5.425 for an ORH day. JJG needs a close over 36.88 for an ORH day. I’ll buy the strength in the JJG with a confirming chart pattern, hence … Continue reading
Midday Missive
SMH…needs closes over 54 to confirm further strength. UNH…release their earnings tomorrow before the bell. Profit taking into the 102 area will provide punters an opportunity to buy cheap upside using the Friday Jan 23 Expiration (weekly). Be patient and … Continue reading
A.M. Look 1/20/15
Stocks… SPU’s…2028 is daily resistance and the upside momentum #. Nasd 100… 4182 is daily resistance and the upside momentum #. Bonds … 30 Yr. Futures…149.00-148.30 is pattern support and the downside momentum level. FX… GBP/USD…the pounds are set … Continue reading
Midday Missive
Silver…17.85 is the next level on the point & figure to stall out. Once above there is not much for another dollar 30 Yr. Bonds…macro sell stops are just below 149.00, today’s ORL #. I got stopped out of the … Continue reading
GS…Goldman Sachs
Goldman is down after earnings trading just below it’s 200 DMA. This will be a great opening range trade today. Look to pick this up after an initial flush lower. Anything under 175.70 or below the first time is a … Continue reading
A.M. Look 1/16/15
Stocks… ORL’s abound. Spu’s, Nasd 100,IBB,PANW,XLK,XLV,IWM…the list is too long! IBB…took off it’s party hat yesterday with an ORL day. Biotechs have been bucking the trend for a while. 303.35 is the 50 DMA. This is where the rubber … Continue reading
AUD/USD
Aussie…by remaining above 82.40, targets just shy of 85 via 83.16…
A.M. Look 1/15/15
Stocks… Spu’s & Nasd 100…trade the early NY price action paying close attention to yesterday’s lows. Line…needs sustained price action and a close over 11.00 for higher. BPT…has been behaving much better than Line with an ORH day. 74.85 is … Continue reading
What’s Working?
ACT,ISIS,UNH,MNST,PANW & IBB are all holding the breaks. ( Today’s Lows are important Hold levels (Support) Buy the names that are holding support on breaks. The Risk on these names is today’s low