Pro Tips

A.M. Look 6/25/12

Posted on 06/25/2012

Oil …sustained price action over 81 is needs for a meaningful rally. USD/JPY…has a weekly double bottom in @ 80.63. App ( 12409-16 Futures)….Point & Figure support is app 79.62 USD/JPY ( 125.73 Resistance Futures) EUR/USD….is into Point & Figure … Continue reading →

TBT | Trade Alert!!

Posted on 06/22/2012

We will be adding another 25% to our Long TBT position on the close.

EWA | iShares MSCI Australia Index Fund (ETF) Weekly

Posted on 06/22/2012

A.M. Look 6/22/12

Posted on 06/22/2012

Spu’s…we’ll look for a rally back to challenge the trend line break out on the point & figure to short into the 30’s USD/JPY…80.45 is overextended the first time up. a retest of 79.80 App 125.25 in the futures is … Continue reading →

Copper | Weekly Pattern Alert!

Posted on 06/21/2012

Potential Outside Reversal Lower Week  

TBT | Trade Alert!!

Posted on 06/21/2012

We got stopped out intra-day… We’re going to RE-BUY a 25% position

SSO | Closing Trade Alert!

Posted on 06/21/2012

We’re seeing a big dollar rally which is not presently being translated into the buying of high yielding stocks. Sell the SSO @ the market if long.

USO | Oil Fund Pattern Alert!

Posted on 06/21/2012

80 per barrel is another natural # in the WTI. We don’t think there is a lot left to the downside in the WTI before we see a decent bounce We’ll be monitoring this instrument for signs of a short … Continue reading →

A.M. Look 6/21/12

Posted on 06/21/2012

Spu’s…1341 then comes the trend line support and fibs @ the 1329-32.75 level drawn from the 1262 low. All new strength over 1358-62 is needed for more upside, Oil…the 78 handle in the oil as shown on the chart is … Continue reading →

JJG | DJ-UBS Grains Subindex TR ETN Daily

Posted on 06/20/2012

We’re close to the top of the recent trading range for the JJG… A close over 47.94 puts in an ORH day 48.40 is the monthly ORH level