The levels in the S&P have not changed. 1230 then 1253 is next on top. The Dow is unchanged on the year, the Nasd is up 140 points, with 1253 being last years close in the S&P. The dips in … Continue reading
The entire trade is reacting to levels off the Bonds and the Bund.. Pay attention to your big technical levels for market tells.. Remember… the game has been the spread ” long equities / Short Bond” 135.80 -136 is a … Continue reading
The SPU levels are not unknown. 1215… This # represents 50% of the year. We’re smack dab in the middle of the yearly range. Closing below 1205 +- 2 points is price negative the indices. This is the lowest risk … Continue reading
Utilization Note… We try to write levels in instruments that we feel are germane to the capitol flow of the entire board. In other words, a particular number or level which we feel will effect a wide array of asset … Continue reading
We’re back at the extremes of Wed.: AUD/USD ( 102.80-103) … “the upside pivot.” Low 138’s in the 30 yr… near term support Euro.. a potential double top @ 138.30-40. Closing above the cash levels in the Aussie and Euro … Continue reading
The average entry ( Buy…Go Long Brazil) was app 56.60.. Many got in around 56.20 when the trade recommendation went out. The original stop was 55.40 intra-day… Raise your stop level to your “entry level” on a “closing basis.” If … Continue reading
We finally got a pullback in the equities, which is necessary for more upside. Instruments rarely go in a straight line with out some sort of relief. Now the question becomes, “is this enough of a correction or are will … Continue reading
The long S&P short Bond spread ( SPU/BOND) is tired on the daily charts . AAPL has put in a good high for today. AAPL looks to want to re-trace to 388.50. If AAPL starts lower after 2:30 central, you … Continue reading
The Bear argument… Have you just seen the highs for the rest of the week in the SPU? confirmed by the rejection off the lows in the 30 Yr. along with the match off the 1/2 retrace in the Euro … Continue reading