Pro Tips

a.m. look 7/21/10

I am traveling for the better part of the day. Early observations….1085 spu is a short term double top on the point & figure charts….This is the level we broke from on Friday…. Oil….77.44 is a a# worth watching vs. … Continue reading

Spu

A close over 1071 in the spu will put in an upside reversal day This will be price positive stocks AAPL holding 240 has run the show today A close for AAPL over 250 is short term price positive the … Continue reading

Radar

AAPl…240 (close above) will be important for the overall tone of the market.. Gold.. bulls need today’s low to hold on a closing basis..a close over 1085 will be short-term positive ….all risk should be managed against that level. Wheat… … Continue reading

A.M. Look 7/20/10

Notwithstanding the spu having given back 50% of it’s recent gains the Euro is at the top of my radar screen this a.m. The price action is trying to confirm a possible short term top. A close below 128.64 is … Continue reading