Pro Tips

A.M. Look 4/17/12

Spu’s…after putting in a lower low last night at the end of Asian session,markets reversed in Europe. Sustained action over 1375 will be positive. NASD…same story, a lower low right into major Fib support “2650’s” General Comments… We tried the … Continue reading

EURO…Trade Alert!!!

We’re starting a small position Short EURO. Pros Only! (Cash or Futures Traders) Presently the Euro is trading right where it broke from Friday. I like it for some short exposure at this level against our Long Gold. Use a … Continue reading

GOOG_-_Google_Daily

Natural stops reside under 599… 588 should provide a low risk buying opportunity the first time down.

Now What?/ Position Update…Trade Alert!

PCLN…AAPL have given the market the big flush. AAPL…595-600 will now act as the upside pivot. They don’t have to any more downside damage today. NASD…You should have lightened up at the levels based off the Futures not the ETF’s. … Continue reading

Nasd/QID…Trade Alert Reminder!!!

The Mid to low 1650’s is the level to take some chips off the table in the Nasd!!!! 

AAPL

APPL has elected all the near term stops under the Qtrly close. 568-73 is the next level of support for a potential bounce.  

A.M. Look 4/16/12

EUR/JPY…is a key feature of the board. This cross put in a ORL day on Friday right into the 200 mvg avg and is following through to the downside. 104.40 ish…then 103.50 are the next support levels. As long as … Continue reading

GOOG_-_Google_Weekly

A close below 628.57 is needed for an ORL  week. A close and sustained price action below the weekly low of 623 ish will lead to a much broader sell off.

AAPL…Pattern Alert

The sell stops run from 600.38 thru 595. A close today below 600 Puts in a ORL week.    

Copper…Monthly Continuation

Here is the Risk Off Look…Sell all rallies in Copper, the closer to 370 the better! This strategy is a medium term view. The Risk is a close back over 377.