Pro Tips

Futures Traders…30 yr. Bonds

Pay for your trade @ 146.20, just above the old stops and last week’s upside breakout. We’re looking for the low 145’s on this swing. The trailing buy stop for this short is 147.23.

Midday Missive

Nasd 100…closing over 2772 will negate Friday’s bearish pattern. Oil…will be the next to catch a bid. Time to start a long position!! Futures Traders…the risk is under today’s low. IYT…The transports have wood. BKX…gives an upside breakout on a … Continue reading

Futures Traders…30 yr. Bonds

Start scaling into a short 30 year position between here and the 200 day of 147.20.

A.M. Look 4/8/13

EUR/JPY…128.60 ish can reject the first time up. As long as this remains over 126 we’re looking for a test of 132 , however 128.60 is our first tgt level from the 123.30 weekly breakout when we said this could … Continue reading

IBM

As long as IBM holds above 201.20 we’re looking for this to minimally trade 206.70. Closing above 207 will lead to a new high. This means 201.20 is your sell stop for any new Longs.

SPU & Nasd Patterns

There are resting sell stops @ 1607.25 In the Spu’s SSO…77.40 Nasd 100…@ 2935… QQQ…72.12 Closes below these levels will put in ORL patterns. Only closes below the above levels “today” create the environment for a Risk Off scenario.

A.M. look 4/7/13

AUD/USD…101.15 is the next level technical level with stops below. The macro pivot of 102.15-25 does not change. This is the level to sell rallies against to manage risk. EUR/AUD…128.92 is last weeks high and now becomes minor short term … Continue reading

Stocks

Natgas infrastructure names and Tech & Banks are leading. NFLX…197-200 will be pivotal and a big closing level. GOOG…should start doing $40 dollar swings to the upside as long as it maintains over. A complete swing will tgt close to924. … Continue reading

AUD/USD…EUR/AUD

AUD/USD…102.43 is today’s ORL #.There are resting sell stops @ 102.10-15. Aussie has been going sideways for a year and looks poised to test the 2012 lows with a close below 102. EUR/AUD…looks to be the best way to play … Continue reading

A.M. Look 4/6/13

Spu’s…592.50-593.30 is support. Gold…needs over 1486 or under 1440 for a new signal. 1536-39 isgood low risk resistance. Lower retests are 1420 followed by 1400. Silver…24.30 is resistance and the upside pivot. Buy stops are 24.80 which could lead to … Continue reading