Pro Tips

TBT…Nasd 100 Futures

Posted on 10/19/2012

Investors looking to add to their Long TBT position should be targeting 64.40-10 as a low risk buying opportunity. 2715-20 is a big level in the Nasd 100 futures…This is a static level! All new sustained price action under 2705 … Continue reading →

A.M. Look 10/19/12

Posted on 10/19/2012

Goog…673.50 is the monthly closing level to keep the pattern intact. There will be resting stops below with 666 next support followed by the big fib matches at 640-643. Natgas…as long as this holds the breaks above 3.45 we remain … Continue reading →

IBM

Posted on 10/18/2012

The Macro sell Stops are 193.25

A.M. Look 10/18/12

Posted on 10/18/2012

Spu’s…1457.25 will be the focus level the rest of the week. This is the ORH weekly #. Maintaining above will entice all new buying. Rejecting the level will start the lemmings to run. 30 yr…146.12 is an important hold level. … Continue reading →

Yen…Pattern Alert!

Posted on 10/17/2012

The Yen crosses have been in play all day with CAD/JPY attempting an ORH day with a close over 80.51. Yen futures are attempting an ORL day which is not confirmed by a cash chart. The straight Futures are getting … Continue reading →

XCO…Stop Adjustment

Posted on 10/17/2012

It’s money management time. We’re looking for initial price rejection around 9.33. Our max upside for now is 10.40. You’ll note that the #’s have slightly changed. We are raising our Stop Close  to 8.75!!!!

INTC_-_Intel_Corporation_Weekly.gif

Posted on 10/17/2012

This was a monumentally big hold in Intel at today’s opening range.

IBM_-_Intl_Business_Machines_Weekly.gif

Posted on 10/17/2012

This has the potential for an ORL week with a Friday close below 205. The low risk buy zone is 196-198 for a trade.

IBM…TBT

Posted on 10/17/2012

IBM…Bulls…203 is the 50 day mvg avg and support…Monitor this level for the next signal in the NASD TBT…65.35 is the 50% fib for this swing matching 147 in the 30.. Shorter time frame traders should take some money off … Continue reading →

A.M. Look 10/17/12

Posted on 10/17/2012

Euro… buy stops are 131.72, with 132.50 being a sell zone the first time up. 30 yr…weekly stops are under 147.10-12. This is also the 50% of the recent range. 147.00 would be a good place for short term traders … Continue reading →