BUY…2 USAZ @ 137.03 Stop all sessions. This is a closing trade. This is not a new position. I’m going to place a stop rather than trading in and out. The Bonds held at 136.20 Support and could easily rally … Continue reading
Stocks… IYT…put in a potential topping pattern with an ORL day. Price action and a close under 154.00 is needed for lower. X…put in a potential topping pattern with an ORL day. Sustained price action under 44.60 would leave way … Continue reading
We sold 2 USAZ @ 136.28 earlier tonight. We are currently short 2 30 yr. Bond futures. 137.00 is right where the Bonds closed out last qtr. Given that the Bonds put in an ORH day Friday and are … Continue reading
Stocks… DAX…10,000 is the key resistance and upside break out level. A couple of closes over this level is needed for another big leg up. Dax is putting in an ORH weekly formation. Holding 9800 on the next break keeps … Continue reading
BUY a 5% weighting each in TBT @ 58.10 & 57.05. Futures Traders…. SELL 2 (Z) 30 Yr Bonds @ 138.14 SELL 2 (Z) 30 Yr Bonds @ 139.09 SELL 4 Euro @ 131.20 These trades are way off … Continue reading
Stocks… DXJ…remains positive with the falling Yen. This ETF is heading for a retest of the 2013 high of 53.94. Bonds … 30 yr. Bonds…(Z) 136.00 will run the price action today. Short covering above, weak below. FX… AUD/USD…89.16, last … Continue reading
Stocks… IAT…although it put in an ORL day I’m going to give this trade the rest of today to play out. SWKS…put in an ORH day. This has an initial upside tgt just shy of 60 by holding above 54. … Continue reading
Stocks… COP…put in an ORH day running right into intermediate trend resistance. A close over 80.10 is needed to confirm the pattern. Nasd 100…still looking for a test of 3970 (U) 3962 (Z) Bonds … 30 yr. Bonds…(Z) 138.30 is … Continue reading
Stocks… GOOGL…560 is trend support. NFLX…461 is trend support. A close below 454 is needed for a deeper correction. Bonds … 30 yr. Bonds…(Z) 138.30 is key resistance and the low risk sell zone. FX… EUR/AUD…hit resistance last night and … Continue reading
SELL 1/2 your Long position @ the market. Current price is 59.05 Leave the order to sell @ TBT 59.85 working. 30 yr Futures Traders should do likewise,( Buy 1/2 your short Futures) there are only a few ticks left … Continue reading