Tags
30 year Bond Futures AAPL AMZN AUD/JPY Aud/Usd aussie Bund CME Group Futures Copper Crude Oil Dax DJI EUR/AUD EUR/JPY Euro FB Forex Markets GBP/USD Gold GOOGL Grains IBB jjg NASDAQ 100 Futures NATGAS NFLX Nikkei Oil Risk On Trades S&P 500 Futures Silver SMH Soybeans Spu Spu/Bonds Stock Indices tbt Technical Trading TLT Trade Alert USD/CAD usd/jpy VIX Yen Yra Harris
Pro Tips
Grains…Soybeans
The Soybeans are back to my qtrly pivot level from July. 13.95-14.10 is the level… The beans are attempting to put in an outside reversal month to the upside, which would be a Wednesday close over 14.08.. This has been … Continue reading
Suisse…122.65 Futures…81.55 USD/CHF
That should be it for the Swiss weakness for now..IT NEEDS TO SET UP AGAIN All new Dollar strength over 81.60 ( weakness under 122.60 Futures) is needed for another move to 120.50 futures ( 83 USD/CHF)
Risk On?…GDXJ
Looks like the S&P wants to show us the 1170’s today. Buy the GDXJ @ the market with a 34.30 stop.
Yen Futures…USD/JPY
Dr. Nenner this A.M. has put out a recommendation to buy USD/JPY @ 75.50 ( sell Yen). If we get there the stocks will look like they will implode. This level is app 132.45 Sep. Futures. Since this level is … Continue reading
A.M. Look 8/26/11
The past 2 days have given us some massive contra-trend price action. Action that has all the pundits on CNBC screaming that the sky is falling in the metals. This is why CNBCshould be viewed with the T.V. always on … Continue reading
S&P 500 Futures
1176.70 will become pivotal support the first time down today. A weekly close (Tomorrow) over 1206.75 is needed for an outside reversal week to the up. In the meantime trade what you see…you’ll get your opportunities both ways again today. … Continue reading
Gold & Silver…Pattern Alert
We’ve put in outside reversal days to the downside, now we have to see if an outside reversal week is in the cards. Gold has to close below 1736.25 and Silver 39.11 Pit session! The all session #’s are 1730.50 … Continue reading
A.M. Look 8/25/11
The PAC boys and the rest of the vultures are circling Jackson Hole. This should be another day filled with something for everyone. Rumors and innuendo should keep trading lively all day. This market is a day traders paradise. Today … Continue reading
8/24/11
We traded 1160 in the S&P 500 Futures and rejected the level the first time up. This is exactly the price action I’ve been looking for since late last week. This dance will now continue with new highs into the … Continue reading