Pro Tips

EURO

Short term traders can give the Euro a try from the long side here. Do not risk more than 10 ticks below the low. Consider this a Risk On trade after the flushing of the weak longs out of Europe … Continue reading

CAT

103.22-102.50 This is the major hold level for this instrument. It represents a 50 % re-trace of this past swing

EURO

143.30-50..EUR/USD Just as price action yesterday over this level kept the stock indices firm, this level becomes a good market tell ( Risk ON) for today’s trading as well. All new price action under this level is needed to weaken … Continue reading

SSO…TBT…Risk ON

We’ve caught this trade 3 times this year from both sides. Things are over extended, particularly the Tech sector. I am pulling the chips off the table and watching for the Long term traders. Sell the SSO and TBT at the Market. … Continue reading

A.M. Look 7/22/11

We have added some more Risk to our portfolio. Depending on your time horizon, Day-Traders more than likely have no position, so trade from the side of the trend (Buy breaks in the stocks and sell rallies in the Bonds … Continue reading

EUR/CHF…EURO…BP

First DR. Nenner has been hot with his calls across a lot of asset classes. There are two closing, go long over, signals presently in play.The First is GO LONG on a close over 143.30 in the Euro . Looking … Continue reading

TBT

The straight technical look shows all new strength over 33.55 is needed for more upside. (Which means sustained and closing price action under 125.00 in the 30 Yr. Bond Futures). I like the pattern, however you have to be willing … Continue reading

ETF Traders

The whole board is about being LONG Stocks/Short Bond Futures To that end, buy some TBT equal to the amount of Long Stock exposure you have. This way you have on the spread. This is a Risk On Trade.

S&P & NASD Futures

I thought you were going to see it back in the low 1330’s for Day traders to re-buy. As of now it’s not happening. There will be stops over 2415 NASD 100 futures. Most long term players bought the Spu … Continue reading

SPU/BONDS…30 Yr. Bond Futures…Euro

125.00 30 yr. Futures should have your attention the rest of the day! This is a big downside pivot today. A violation and sustained price action under this level will have the Risk On crowd simply drooling from their mouths. … Continue reading