Pro Tips

30 Yr. Bonds….TBT

Posted on 04/06/2011

Were looking for a 3-4 point break in the 30 Yr. futures into the low 115’s. Futures traders sell any rallies back towards Dr. Nenner’s model level of 119.22 with a tight stop. ETF Traders ….(TBT) As long as the … Continue reading →

A.M. Look 4/6/11

Posted on 04/06/2011

We are staying with our original game plan in the equity indices from yesterday. A close in the Nasd futures ( 2350) or a close in the QQQ above 57.50 and we will initiate new long positions. A word of … Continue reading →

NASD…QQQ…AAPL…Yen Crosses

Posted on 04/05/2011

A close today above 2350 NDM ( June nasd) or 57.50 QQQ will be a go long signal on Dr. Nenner’s work. This is a signal we will take and buy the QQQ and AAPL as well. The precious metals … Continue reading →

AUD/USD…AUD/JPY

Posted on 04/05/2011

102.50 AUD/USD is still the main driving pivot for the straight Aussie, and will prove a pivotal level for any pros legging the yen crosses. You can review last weeks #’s…they have not changed!

A.M. Look 4/5/11

Posted on 04/05/2011

This is going to be a day when most traders will be waiting for the Fed minutes this afternoon. The yen crosses are holding as the dollar is clawing back some losses from last week. GBP/JPY seems to have another … Continue reading →

USD/CHF

Posted on 04/01/2011

93.47 was last years close. This is not a spot to press up long Dollar positions. let it breath!! However, a close over this level is bullish dollars and can start another swing.

USD/CAD…Pattern Alert

Posted on 04/01/2011

96.66 cash App 103.40 futures is double top territory on a qtrly chart. This is not a level to be buying Canada strength the first time up. Let it play out and keep your eye on CAD/JPY.

A.M. Look 4/1/11 ….No Fooling

Posted on 04/01/2011

let us start with a few observations: 1) The Soybeans closed almost unchanged on the Qtr. closing under 13.965 ( Dec. 2010 close) will now act as your downside pivot. closing over yesterdays close will be your upside pivot. So … Continue reading →

Aussie…Pattern Alert…Food for thought

Posted on 03/31/2011

The straight AUD/USD is putting in an outside reversal month to the upside. Long Aussie is the right way right for now on the Yen crosses as well. Today’s close will be important, but you’ll need sustained price action under … Continue reading →

Pattern Alert…EEM…EWA

Posted on 03/31/2011

A close over 48.62 EEM and 26.36 EWA will put in outside reversal higher Qtr’s. These can be very price positive formations.