Pro Tips

A.M. Look 1/8/13

Posted on 01/08/2013

Oil…93.87 was the last high in Crude. Monitor the level for possible price rejection the first time up. By maintaining above 92.75 this has a destiny with higher prices. The next set of macro stops are between 94.50-60 with mvg … Continue reading →

XLV…Healthcare

Posted on 01/07/2013

This is a good place for those that wish Risk exposure to look. Both the daily and the weekly charts have room to the upside. Any trades should be tightly managed against 40.

A.M. Look 1/7/13

Posted on 01/07/2013

30 yr. Bonds…. 145.31-146.09 being the rejection zone the first time up. TBT…65.08 is the 200 day. 64.68 is where the trailing stops are with 64.57 the first fib zone. This looks attractive around 64.60-70 for a bounce. NASD 100…2682 … Continue reading →

TBT…Position Update

Posted on 01/04/2013

We were stopped out on a low tick. We have no current position in the Bonds. Not to worry, there will be plenty of things to occupy us next week.

Yen Futures

Posted on 01/04/2013

It will take over 114.53 to start running out the long term shorts. Under App 87.25 ish USD/JPY

Gold

Posted on 01/04/2013

That was a pretty impressive puke in the Gold. The point & figure shows a possible respite in the slide. Those wanting to try a long should use a stop a couple of dollars below 1626. At least you now … Continue reading →

A.M. Look 1/4/13

Posted on 01/04/2013

Silver…29.83 is the weekly ORL #. Failing to recover early and sustaining back over this level can give way to the low 28’s Gold…1654.10 is the matching weekly ORL #. 1637.60  was the Dec. unemployment low with stops below. 30 … Continue reading →

Nasd 100…Spu’s…Gold Pattern Alert!

Posted on 01/03/2013

Closing below 2711 Nasd 100 puts in an ORL day. The Spu level is 1444. This pattern if completed would be negative the Equities. The higher yields..lower Bond futures is creating the flight to the Dollar and the selling of the precious … Continue reading →

TBT…30 Yr. Bond…Trade Reminder!

Posted on 01/03/2013

The Bonds have run the first set of stops. Take off half your TBT’s anywhere close to 67 or upon a 144.05 print in the (H) 30 yr. ETF..traders should consider paying for this trade either way before the NYSE … Continue reading →

Grain Names

Posted on 01/03/2013

MON…95.23 is the ORL # with stops below MOS…56.63 is the must hold level, otherwise you‘re looking at another buck down. POT…a close below 40.69 would be negative. ADM…has rejected the 200 day@ 28.63. Closing under 28.05 would be negative … Continue reading →