Pro Tips

AUD/USD : Point & Figure 25×3,Ticks

Posted on 04/13/2012

They say a picture is worth a thousand words…

A.M. Look 4/13/12

Posted on 04/13/2012

We’ve seen a contra-trend trade into resistance in the Spu’s,Aussie,Euro, and Yen Crosses as well as the the commensurate re-test lower in the Bunds & 30 Yr. Bonds over the past 2 sessions. Now What? Spu’s..let them be your guide … Continue reading →

Price Action

Posted on 04/12/2012

Distance traveled…Spu’s gave you 20 points…anything into the 1386-88 will be overdone today, just as the low 1350’s were overextended on the downside Tuesday. EWZ…has hit near term resistance. new closing strength is needed over 63.57 for more upside. AUD/USD…104.40-50 … Continue reading →

Gold & GLD…Pattern Alerts

Posted on 04/12/2012

Both instruments are putting in ORH days… We are at short term resistance in the Gold and Silver at today’s highs. 1690 is the 200 day in the Pit Gold, however 1695-1702 is where the major moving avg’s converge in … Continue reading →

A.M. Look 4/12/12

Posted on 04/12/2012

Last night saw some corrections in the Yen crosses, with EUR/JPY retesting the 200 day @ 105.93 and rallying. AUD/JPY…had the better bounce, however both have come up app 20-30 ticks short of anywhere is particular. The feature has been … Continue reading →

30 Yr. Bonds…

Posted on 04/11/2012

Price action around 140.19 will be critical all day… Below, expect stock strength.. Sustaining above can cap rallies in the Equity Indices. Keep it simple and pay attention to the SPU/BOND spread which is back above 97  

Gold….Trade Alert!!!

Posted on 04/11/2012

We are starting a long position in the Gold! Futures or ETF’s your choice… We are looking to add on any weakness of 10 dollars.  

A.M. Look 4/11/12

Posted on 04/11/2012

SPU…the 1st big tgt area is around 1330 NASD…2668, with the big Fibs around 2650 We can still get to these levels, however we put out a warning for the SPU/BONDS late in the day yesterday that we were at … Continue reading →

GDXJ…Trade Alert!!!

Posted on 04/10/2012

We’re BUYING the Junior Miners (GDXJ) @ the Market!!. The first tgt is 23.57. Gold has put in an ORH day. We recommend having some in your portfolio. We’ll look to get some on against 1650 over the next couple … Continue reading →

SPU/BONDS

Posted on 04/10/2012

30 Yr. Bonds….141.22 is the 50% of the entire last 8 months… Spu’s…have just given you a 20 point daily move. ( the avg daily range) This is short hand for….Don’t look for much more! Things can reverse in a … Continue reading →