“Matches and targets” We are a big fan of Charles Nenner’s model work. His targeting system and model work for ( TREND) breakdown’s is par excellence. Yesterday was a perfect example on how to use his technical work. Gold,Aud/Usd, Usd/JPY … Continue reading
Many of you shorted the 30 Yr. right in here. 119.02-14 in the futures. TBT trades were purchased anywhere from 37.75-38.25. The TBT stop we will use is a 37.80 stop close only. The spreads are running the show…short equities/long … Continue reading
Yen Crosses…USD/JPY Posted on 04/07/2011 at 10:53 AM The yen futures double bottomed last night showing that the one way train in the yen crosses was very long in the tooth and a correction was afoot. The first area to … Continue reading
Sometimes the best course of action is to watch. Our Bond trade is working, the stocks are a brutally hard trade with the Nasd continually failing at the 2350 level.In general all the commodities are very pricey. The one point … Continue reading
You have a double bottom in the 30 yr. futures at 118.14. DE under 96.25 is negative the board CAT …a weekly close under 108.61 would confirm a near term top. Not only would this put in an outside reversal … Continue reading
The Bund is at it’s support and pivot zone. TBT need go no higher..USM shorts will not get rewarded here. AAPL has rallied to test it’s reversal level of 338 ish ….Stocks are stuck for now….You have futures expiration this … Continue reading