Pro Tips

Gold & Silver…JJG

Posted on 06/28/2012

1545 is near term support in the Gold. The macro failure level is around 1525. Silver has elected the macro stops under 26.20. As long as there is no significant recovery over 26.50 this can go to 24.40. JJG…we’ll start … Continue reading →

A.M. Look 6/28/12

Posted on 06/28/2012

USD/JPY…79.22 ( app 126.40 Futures) will be the key to the yen crosses this A.M. Euro…only recovery back over 125.25 would show any type of bottoming action. Natgas…sustained price action under 2.74 will lead to profit taking General Comments… GDP … Continue reading →

Corn…Monthly Continuation Chart

Posted on 06/27/2012

NATGAS Names

Posted on 06/27/2012

XCO…seems to be the best of breed. 7.20 was last months close. Look to buy this against 7 on weakness with a half dollar stop. maintaining these levels will tgt the high 9’s. CHK…already had a big rally off 13.30 … Continue reading →

A.M. Look 6/27/12

Posted on 06/27/2012

USD/JPY…As shown on the point & figure is coming into Yen resistance ( App 126.30 ish in the Futures) AUD/JPY…80.15 will be pivotal for general market tone. Maintaining above ( it’s Risk ON). Oil…as previously stated 6/25/12, has a trad-able … Continue reading →

SPU | S&P 500 (Pit) Daily chart (Continuation)

Posted on 06/26/2012

Which way will they go…  1318-20 or 1293-87? Equity Indices are hovering around steady to higher on the month. Before this week is over I wouldn’t be surprised to see both. Less is more!!!

A.M. Look 6/26/12

Posted on 06/26/2012

AUD/JPY…80.15 remains pivotal General Comments… There is nothing that jumps out at me to hang my hat on one way or the other. You’ll likely see some 2 way posturing today into tomorrow before the E.U. meeting and month end. … Continue reading →

JJC | iPath DJ-UBS Copper Subindex ETN

Posted on 06/25/2012

Copper is a risk indicator..

Oil & USO | United States Oil Fund Weekly Chart

Posted on 06/25/2012

Both the Oil Futures “Pit” session @ 78.05 and the USO ETF @ 29.30 show a potential weekly double bottom pattern. While there is presently no price action to indicate this will be the low, it is a tradeable pattern … Continue reading →

JJG | GRAINS | Charts

Posted on 06/25/2012

In recent publications we’ve advocated a bullish stance. Please see our article at Seeking Alphs: Utilizing the JJG to Catch the Next Bull Run in Grains 50.50 seems to be a big zone in the JJG the first time up. … Continue reading →