Tag Archives: 30 year Bond Futures
Midday Missive
Nikkei…13,900 becomes a big longer term hold level. Closes under 13,700 are price negative. Bottom fishers will be better served looking at the Oil patch. CVX,XOM aren’t breaking… COP has potential as long as it remains above 62.50. Spu’s…a rally … Continue reading
A.M. Look 2/4/14
Stocks… Spu’s…can still print into the 1720’s and rebound. Price action early will dictate the day. MSFT…put in an ORL day. Sustained price action and a close below 36.30 will signal a deeper correction. First stop would be a test … Continue reading
SPU/BONDS
Everybody is going to start pulling out #’s to pick a low in Equities. I want to see the Spu/Bonds trade at or below the their 200 day mvg avg before I try and pick a low. This is a … Continue reading
Midday Missive…
We’ve finally elected the intermediate sell stop in the Spu’s. As of this moment you’ll need sustained price action over 1763 for bottoming action. Trade your time frames!! It’s doubtful you’ll see any bottom fishing before London’s close. Anything over … Continue reading
A.M. Look 2/3/14
Stocks… Spu’s…resting sell stops are below 1760. Weekly price action over 1787 is needed to think we’ve seen a good low. Nikkei….Needs to close over 15,000 for a couple of days to rally. F….Ford is worth keeping an eye on. … Continue reading
A.M. Look 1/30/14
Stocks… Spu’s…I’m still looking to buy around 1730 with a very tight stop. Minimally, I’d like to see the stops below 1760 get elected. Presently, the Spu’s are holding point & figure support @ 1760. Spu’s are in a 35 … Continue reading
Levels …Turkish Lira
DAX…a close today under 9354 would leave way to another bout of selling. EUR/JPY…140.13 is today’s ORL #. Monthly sell stops are @ 138.40. GBP/JPY…169.81 is the 50 day mvg avg. A close below this level would put in an … Continue reading
Midday Missive
USD/JPY…is attempting an ORL day by closing under 103.97. (over 96.21 Futures). This pattern is the same pattern as the Spu’s. Spu’s down = Yen rally. EUR/USD…is putting in an ORH day with a close over 135.84 . It’s currently … Continue reading
A.M. Look 1/29/14
Stocks… Spu’s…I’m looking to buy around 1730 with a very tight stop. Presently, the Spu’s are holding point & figure support @ 1770. Last night’s early Asian high (1800) is my qtrly pivot for the S&P 500 Futures this qtr. … Continue reading
Midday Missive
SMH…index has a double bottom on the daily chart. OIL…97.80-98.00 is resistance with resting buy stops above. 30 yr.… admittedly i’ve been a little out of step with the turns. I like today’s low in the TBT and the high … Continue reading