Silver just hit DL’s first support @ 39.50..the point & figure shows possibly over extended 39.25 first time down. Spu just hit some resistance @ 1308 The 30 Yr. Bond High was a tick shy of Dr. Nenner’s model # … Continue reading
You just got your match in the 30 Yr. Futures and the TBT. That match is 124.23 ish Sept.Futures, matching the TBT fib of 33.55.. You now need all new weakness in the Bonds Futures under this level and strength … Continue reading
The straight technical look shows all new strength over 33.55 is needed for more upside. (Which means sustained and closing price action under 125.00 in the 30 Yr. Bond Futures). I like the pattern, however you have to be willing … Continue reading
The whole board is about being LONG Stocks/Short Bond Futures To that end, buy some TBT equal to the amount of Long Stock exposure you have. This way you have on the spread. This is a Risk On Trade.
125.00 30 yr. Futures should have your attention the rest of the day! This is a big downside pivot today. A violation and sustained price action under this level will have the Risk On crowd simply drooling from their mouths. … Continue reading
126.27 + a few ticks is 50% back for the past 2 years. The daily all session is attempting to put in an outside reversal higher daily pattern.
It’s tough to write a book when things are moving and the information is time sensitive. My long time clients do not need an explanation, just a heads up. This is the Long S&P 500 Futures vs. Short 30 year … Continue reading
They just got Europe to puke on their close….Do not press equity shorts.. The 30 year just rallied to 50% back on the year @ 125.. Pay attention! This is a perfect time to reverse this spread.
We’ve been bailed out by Greece? Truly frightening! Matches….the importance of matches! We try to paint a picture to illuminate the best set ups. Today you saw that, both the Bund and U.S. 30 Yr., achieved their near term tgt’s. The Sek … Continue reading
Per yesterday…I was looking for a 126.16 print in the 30 YR. We just got it! Those of you who are pressing shorts in the equity indices….Beware.