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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
A.M. Look 8/11/11
The price action is pretty grim for the stock bulls. This weeks SPU low of 1097 is a 30% correction from the 2008 low. We could of course hold here, however my interest gets peaked 80-100 points lower in the … Continue reading
General Market Price Action..S&P 500 Futures
Everything is a big day trade with 15-20 point swings now the norm.. Bigger swings will be app. double that, with 80 points being a big standard deviation move. Always pay for your trades and do not lose money.
SSO…Risk On Trade
Bottom Pickers!!!! It you’re not a professional day trader. This is the only place to manage your risk with this volatility. The SSO provides the only sane venue to bottom pick. At least you can identify a money stop. Which … Continue reading
30 Yr. Bonds…Day Traders
The 30 yr. needs back over 138.15 to rally again. Pay attention to the SPU/BONDS spread !
EUR/JPY…Pattern Alert
A close below 109.07 will put in an outside reversal day to the downside. 108.69 is a key hold level for the RISK ON crowd… A violation of this level will likely lead to a retest of the 105 area. … Continue reading
A.M. Look 8/10/11
SPU…1178-86 is the key resistance level. Only a close over 1187 will have me thinking the worst is over. Many instruments completed multi-year swings or came close Monday night into Tuesday. OIL, CAT are stand outs. AAPL..old resistance become support … Continue reading
8/9/11
Last night’s lows in the Oil came very close to completing a 50% re-trace from the 2008 low of $33. Aussie…102.88 will become pivotal.. The SPU & NASD will continue to be highly volatile….SPU/BOND spread was almost enticing last night … Continue reading
8/8/11
The S&P retested Friday’s low early last night putting in a double bottom pattern on the point & figure charts. If this area is violated we will start moving in roughly 20 point increments, possibly as low as the mid … Continue reading
NASDAQ 100 Futures
2192 is the big closing level from last qtr when the stops were elected below, and then rallied. We’re trying to put in another qtrly pattern similar to last qtr which was rejected in a big way. That # is … Continue reading
A.M. Look 8/5/11
Gold & Silver…yesterday’s lows were great in both. Now we have to see if we hold those lows on the unemployment #( which have typically been the lows for the rest of the month). Moreover, the gold needs to close … Continue reading