It’s time to take down a little exposure Any prints near 133.10-40 is a take at least 50% off zone the first time in.

Two things of note today is the Fed meeting this afternoon and October Crude Oil expiration this a.m. at 9:30 cst.. Investors who are long equities…This game is going to take all day to play out…Keep a Nasd futures stop … Continue reading →

The nasd will be giving a new buy signal today on a close over 1970. Goog ….a close above 508, projects prices to 520 and then 530 ish The Spu has some unfinished business at 1184…so I would not be … Continue reading →

Our Commander and Chief has spoken…we’re still holding in the equity indices.. The Spu has a potential double top, however price action back under 1128 is needed to confirm that pattern. Nasd…1970 now becomes the all important upside closing pivot. … Continue reading →

For those wishing to lead off on the Canada short you can sell a small position with a stop in the futures over today’s high of 96.80… For this to work you will need help in the form of grains,oil, … Continue reading →

The Aussie and metals All of the above are at or near last weeks highs… This creates the potential for double top patterns on the weekly charts.. Pay close attention this a.m for price action around those highs for either … Continue reading →

Gold 1272.40 silver 20.635 Platinum 1601.50 Closes below the above levels will put in outside reversal days to the downside. Price negative the metals.. Of note…Dr. Nenner has short term highs in the Canada and Aussie…timing is today into next … Continue reading →

I am in full wait and see mode for today’s early show. A few things stick out for me this a.m. 1) the Euro hit intermediate Fib resistance @ 131.40-50 level 2) the precious metals have basically printed or slightly … Continue reading →

Platinum has been in a $100 trading range since the end of last qtr. This same range has mirrored the Equity indices. We are presently trading at the top of that range. Same with the equities. Although Platinum is $70 … Continue reading →

Sept. Equity indices go off the board today. I am watching for price action late in the day for signs that this rally in the equities has run it’s course. The Aussie has been a great pre-indicator of moves. It … Continue reading →