Pro Tips

DBC…Trade Alert!

Posted on 05/01/2012

We’re BUYING DBC @ Traders discretion. The stop is 28 close.  

30 Yr. Bonds

Posted on 05/01/2012

142.13 is the downside pivot and the Daily ORL # Pay attention to this level in relation to the SPU/BOND spread… You know the drill… Bonds down…Equities Firm    

DBC Commodity Index Trading Powershares

Posted on 05/01/2012

If anyone bothered to read Yra’s comments last night @Notes from Underground, you’ll understand why this is on my radar. I started perusing this yesterday. The weekly pattern looks good with lots of potential. We’re looking to start a longer … Continue reading →

Gold Weekly Chart

Posted on 05/01/2012

Gold…is looking up. Short term players will get excited above 1670 ish.We need a couple of closes over the Fibs and longer time frame moving averages, around the 1678-82 level. Shorter time frame traders…buy the breaks against 1660. Longer time … Continue reading →

A.M. Look 5/1/12

Posted on 05/01/2012

“How can you wake up in the morning and have nothing to say?” Lyrics…slightly corrupted from “Angel From Montgomery” It might be May Day, but as of now, looking around the board, I’d vote for a 5 day Cinco De … Continue reading →

Stock Indices

Posted on 04/30/2012

Spu’s…1387-90 is support…1402 is the closing upside pivot. Gann guys show more than that is needed. Nasd…2700 +- is support and it does not have to get there. Midcap…needs a close under 98660 for an ORL day. We have no … Continue reading →

A.M. Look 4/30/12

Posted on 04/30/2012

Today is all about not fighting the flow. It’s the last trading day of the month! Spu’s…Nasd & Gold are slightly lower on the month. USD/JPY…80.00 is 1/2 way back on the year…”125.20 is the June Futures #” EUR/JPY..105.55 is … Continue reading →

IAUDUSD_-_Australia_(Dollar)_Index_Point_&_Figure_25x3_Ticks

Posted on 04/27/2012

104.60 seems to be the important level in the Aussie..Above,looks like there is another 80 points. You’ll need more equity strength for this to happen. 12:30 Strength in the Equity Indices should not be faded.

CQG_IC_Chart_S_MOO_-_Market_Vectors_Agribusiness_ETF_Weekly

Posted on 04/27/2012

The JJG has already taken off…MOO is looking like a lower risk alternative. A close today above 52.41 puts in an ORH week. The entire board revolves around picking out the prettiest dance partner, even that can elicit a slap … Continue reading →

CQG_IC_Chart_S_GDXJ_-_Market_Vectors_Junior_Gold_Miners_ETF_Weekly.gif

Posted on 04/27/2012

Pattern Alert….A close over 23.41 puts in an ORH Week. It’s a pivotal level. This would be considered a price positive formation