Pro Tips

A.M. Look 2/21/12

Posted on 02/21/2012

USD/CAD…98.80-99.00 continues to be the hurdle level ( Dollar support). This runs up to 101.37 in the (H) Futures. Simply put, don’t buy Futures strength/ sell Dollar weakness into this level. The Canada will need more than one attempt at … Continue reading →

OIL…Futures Traders

Posted on 02/17/2012

April is now the lead month in OIL (H) April is trading app 30 cents over (J) We will be using the same approximate levels in April as march for now.    

Euro…EUR/JPY…Yen

Posted on 02/17/2012

The Euro is coming back up into resistance near 132, while the Yen Futures are coming into support +- the 126.00 level in the (H) Futures. Simply put, if you’re going to get a reaction ( profit taking) in the … Continue reading →

A.M. Look 2/17/12

Posted on 02/17/2012

USD/CAD..either side of 99.20 USD/CAD ( 100.70 H Futures) is the next hurdle level. AUD/USD…shows all new strength is needed above 108.00-25 for new upside. USO…a couple of closes over 40 in this etf should project another 10% toward 44. … Continue reading →

USD/CAD…Canada..Trade Alert!

Posted on 02/16/2012

Dr. Nenner was looking for 100.70 USD/CAD ( app 99.25 H Futures) to sell USAD/CAD “Buy Futures” so far, no mas. It’s early in the day, however we’re going to start a long position in the Canada Futures ( short … Continue reading →

A.M. Look 2/16/12

Posted on 02/16/2012

Spu’s …1329.50-1332 is the level it’s been trying to print for the past 2 weeks. Just don’t initiate a short into this level. It’s a Bear trap area the first time down. Presently the Spu’s need back over 1342.50 for … Continue reading →

Pattern Alert AAPL…SPU…VIX

Posted on 02/15/2012

A close today under 502 in AAPL puts in an ORL day. This could lead to considerable Risk Off across the board. SPU…that level is 1338. General Comments.. The VIX 50 day mvg avg stopped the break last Friday in … Continue reading →

The Plungers are taking early control..

Posted on 02/15/2012

SOX…Just put in a potential double top on the weekly charts. Support looks to be around 42300. USD/JPY..has been running the show all morning, after hitting near term Dollar support all the crosses went into retrace mode. AAPL…has completed a … Continue reading →

Crude Oil…Futures Traders!

Posted on 02/15/2012

In our never ending quest to trade for free ( on the house’s money!) Sell some Crude up here at your discretion,hopefully it pops over 102 again, to pay for your stop and to mitigate the downside risk.    

A.M. Look 2/15/12

Posted on 02/15/2012

One trait of a Bull Market is that it spends all day trying to brake and just a few minutes rallying. Spu’s…will stop all the way up, at every macro level, where new shorts will come in to try and … Continue reading →