Sell any rally back in the bonds to 135.00-04 while buying the commensurate break in the stocks. Use a very tight stop! You’re looking for an outside reversal day to the downside in the 30 yr. and more upside in … Continue reading →

We just double bottomed at the 1037 level.. Price action under here is needed for downside follow through. If you’re short tighten up your parameters. .

The metals will be the best feature today. They tried down early and are holding. The Gold needs to close over 1237.60 for a weekly and 1244.50 for a daily outside reversal to the upside. These are price positive formations. … Continue reading →

Of note this a.m. are some closing momentum #’s in the oil and Aussie around last night’s highs that need to be closed over. These levels need to be monitored for further signs of a stock bounce. We seem to … Continue reading →

A close over 1793 in the nasd and 1058.20 spu puts in outside reversal days to the upside. This is price positive the indices and negative the bonds .

A close above 72.38 (V) crude is short term Bullish the board .

Pick up a little Aussie against the present daily low. 87.70 Aud/Usd ETF traders that’s the fxa The spu and Bonds are going to gert real interesting the next hour. 134.31 is the KENO# for the entire board basis the … Continue reading →

Today I am just watching the show play out. levels of interest today are as follows: Aud/Usd 87.80 The next significant level down is 86.50. This will be a good level to watch for tone vis a vis more stock … Continue reading →

Eur/Jpy….held the tgt 105.60 Cad/Jpy…double bottomed at the July 2009 low and a major 2/3 rds fib match for the past 2 years. These two crosses have led the currency trade all a.m. Gold held!…Platinum Held the monthly reversal closing … Continue reading →

Bonds…135.07 Spu…1050-53 Eur/Jpy 105-105.60 Short term traders watch your levels for possible reversals. The aforementioned levels can prove sticky the first time in. Do not press direction the first time in. There is always high risk at these zones when … Continue reading →