Pro Tips

IBM…Weekly Chart

Posted on 09/11/2012

A.M. Look 9/11/12

Posted on 09/11/2012

Natgas…put in an ORH day yesterday. The Daily Pit chart shows 2.90 as a big mvg avg cross. Sustaining and closing above this level will lead to higher prices. AUD/USD…is caught between 103.25 and 104.15-25. AUD/JPY…80.69-62 is an important hold … Continue reading →

Goog… Pattern Alert!

Posted on 09/10/2012

XLF….Trade Alert!

Posted on 09/10/2012

XLF has put in a trad able high. Sell the XLF with a 15.73 stop against any Longs including the EWZ.

AAPL…Pattern Alert!

Posted on 09/10/2012

X…PIN…EWZ…BHP…30 Yr. Bond Futures

Posted on 09/10/2012

X…Buy a little of this at the market if you want it. Add @ 20.40. PIN…17.15-20 is the low risk buy zone. EWZ..closer to 54 BHP…66.23-40 is the lower risk entry level. 30 Yr…147.31 (U)…146.16 (Z)…now become big pivot levels. … Continue reading →

A.M. Look 9/10/12

Posted on 09/10/2012

Silver…33.30 was last qtr’s high, by remaining over ( or holding the breaks to 33.30) keeps Silver from having a deeper re-trace. This will be a descent short term pivot. Gold…just an observation about the RSI’s on a Qtrly chart. … Continue reading →

General Comments

Posted on 09/10/2012

Today’s game is in the beaten up Mining names and the energy ETF’s. FXI…Looks ok against 33.25. MCP…13.49-14.35 will be the level to not buy strength into the first time up. This looks to like it wants to test 15. … Continue reading →

Pattern Alerts…XOM…CAT…XOP…XLE…DIG

Posted on 09/07/2012

Once again there is no trade in the Indices, It’s all in a name. These instruments are all attempting ORH weeks. Where is the money going?…It’s here. Keep these on your radar screen.               … Continue reading →

EWZ…Brazil

Posted on 09/07/2012

This instrument didn’t let you in unless you bought it right out of the gate today. Since the horse has left us at the starting gate, those wishing to trade this break out should do so knowing that a pull … Continue reading →