Pro Tips

EURGBP_-_DM-Euro_Great_Britain_Index_Weekly.gif

Posted on 02/08/2013

This is doing a deeper retrace than our first look early A.M. 84.00 +- 15 ticks is the next area. GBP/USD…158.85 +– 15 ticks should line up with this next level This is also the 200 day in the Sterling, … Continue reading →

Nasd 100 Weekly Continuation.gif W/Trade Alert!

Posted on 02/08/2013

Nasd 100…a close over 2764.50 puts in an ORH week. 2778.50 is near term resistance. This has been consolidating and going sideways for 5 weeks. A close over 2764.50 will have us honor the signal by going Long the index. … Continue reading →

Spu…Price Action

Posted on 02/08/2013

As long as the Spu remains above 1508 there is nothing for the Bulls to worry about. Under 1508 the shorts will try again. IBM…201.29 …then expect a test of 202.20-50 AAPL…This is the same technical picture as IBM…look for … Continue reading →

A.M. Look 2/8/13

Posted on 02/08/2013

Spu’s…1512 bid gets it going. USD/JPY …92.19 (108.47 Futures)…91.30 (109.52 Futures) is the First big Fib back on the year. CAD/JPY…92.14 is support EUR/JPY…122.55 is first Fib support. Anything under 123 the first time down can bounce. GBP/JPY…144.95 is first … Continue reading →

SDS…Trade Alert!

Posted on 02/07/2013

SDS…48.36 is the daily ORH# The weekly # (meaning tomorrow’s close) is 49.00 This level matches up with 1500 in the Spu.. We will honor this chart pattern on a “closing” basis. With a close above 48.36 we will go … Continue reading →

EUR/AUD…The Risk Indicator

Posted on 02/07/2013

This is currently showing the same pattern as the Spu’s.. Risk off! 130.56 is the ORL # 130.25 is the yearly close. 129.22 is the next support

ORL #’s

Posted on 02/07/2013

GS…149.17 Spu’s…1500.30 NFLX…174.55 BKX…5451 Here are a few to keep your eye on. These are closing levels and stops will be run under the levels. Recovery over the # sets after the stops have been elected is critical to ascertain … Continue reading →

IBM_-_Intl_Business_Machines_Daily.gif

Posted on 02/07/2013

This is the one to watch for the next move in the Indices. It either holds in here or it’s going to 197-196 ( into the 200 day) where you can buy with  reasonable risk controls

Gold & Silver

Posted on 02/07/2013

The macro levels have not changed https://www.whitewavetradingstrategies.com/a-m-look-2113/

A.M. Look 2/7/13

Posted on 02/07/2013

Spu’s…maintaining above 1512 would have traders looking for another 20 points. Closing below 1490 would be a short term pattern breakdown. 30 yr….buy stops rest above 144. Sell stops 142.20 Oil.. minor buy stops above 97.05 will lead to 97.50 … Continue reading →