Tag Archives: 30 year Bond Futures
A.M. Look 10/23/12
Oil…there are stops below 87.70. 86 appears to be the low extreme for today. 88.85 will act as a short term upside pivot level. Spu’s…maintaining under 1417.50 should lead to another 10 points lower for a start. As long as … Continue reading
A.M. Look 10/22/12
Nasd 100…got to our tgt area which was close to the 200 day mvg avg. in the 2650’s, a level we have not seen since July when we were trading around 2515. Resting buy stops are over 2688. Oil…91.50 (Z) … Continue reading
TBT…Nasd 100 Futures
Investors looking to add to their Long TBT position should be targeting 64.40-10 as a low risk buying opportunity. 2715-20 is a big level in the Nasd 100 futures…This is a static level! All new sustained price action under 2705 … Continue reading
A.M. Look 10/19/12
Goog…673.50 is the monthly closing level to keep the pattern intact. There will be resting stops below with 666 next support followed by the big fib matches at 640-643. Natgas…as long as this holds the breaks above 3.45 we remain … Continue reading
A.M. Look 10/18/12
Spu’s…1457.25 will be the focus level the rest of the week. This is the ORH weekly #. Maintaining above will entice all new buying. Rejecting the level will start the lemmings to run. 30 yr…146.12 is an important hold level. … Continue reading
IBM…TBT
IBM…Bulls…203 is the 50 day mvg avg and support…Monitor this level for the next signal in the NASD TBT…65.35 is the 50% fib for this swing matching 147 in the 30.. Shorter time frame traders should take some money off … Continue reading
A.M. Look 10/17/12
Euro… buy stops are 131.72, with 132.50 being a sell zone the first time up. 30 yr…weekly stops are under 147.10-12. This is also the 50% of the recent range. 147.00 would be a good place for short term traders … Continue reading
A.M. Look 10/16/12
Euro… is at the top of a triangle and channel line as shown on both the Point & Figure and Bar chart. Weekly stops rest over 130.60-75. Yen…is getting close to our breakdown level. 126.40-78 is still the closing support … Continue reading
A.M. Look 10/15/12
Spu’s & Nasd…are both at short term resistance. The low 30’s in both should be problematic. AUD/JPY…80.65-70 is resistance EUR/JPY…102.12 is resistance Soybeans…our original statements from last month still hold in the Beans. Our full downside swing count for this … Continue reading
TBT_-_ProShares_UltraShort_20+_Year_Treasury_Weekly.gif
The channel line as shown on this chart lines up with the 30 Yr. Futures in the low 149.20’s. While the 30 yr. point & figure is once again flirting with the downtrend line from the 153’s, we’ll need some … Continue reading