Pro Tips

TBT…Z Bonds…Trade Alert!

This is the level to start looking at the TBT again from the long side. We will go home long on a close over 15.57

Gold

1714 (Z) will be pivotal the rest of the day. This is a daily ORH level. Remaining over is price positive.

A.M. Look 9/7/12

Today, being Unemployment day, is typically about volatility in the 30 yr. Bonds and the Metals. Precious metals….today is a day of extremes. A good high or low can trend for weeks. Today we’re looking for a trad-able low. This … Continue reading

Nasd 100 Semi-Annual

We’re here at the 50 % App 2716 All new weakness is needed in the Bonds under 149.11 Dec. for more strength in the Equity Indices.

Nasd…Weekly Chart

EUR/AUD

Stops are just below 122.62.. 121.92-122 is first support.

Dell

The question is…does this rally to 11.60 first or break to 9.25. You’re risk on any buys is yesterday’s low of 10.48 We’re eyeballing the 11.50/12.50 call spread for those of you that think Dell has a future.     … Continue reading

A.M. Look 9/6/12

Copper…is poking it’s head up with an ORH day yesterday. Looking back at the cloud you couldn’t of had a better low to hold @ 340 ish. 355 is the first third coming back on a yearly swing with 360 … Continue reading

Italian 10 yr. Bond Futures

A.M. Look 9/5/12

USD/CAD…98.41 represents a double bottom on the Dollar chart. The corresponding futures level is 101.56, with 101.68 being the April high. This is the area that has to sustain above to rally. OIL…came down into initial support last night. Recovery … Continue reading