GBP/USD…159.85 is the 50% Fib for the past 2 years. Sustained price action below this level projects to 158.50. AUD/USD…still targeting 85.00 USD/CHF…96.80 is the next closing momentum level. (103.30 Futures) is support and the closing downside pivot.
FX… AUD/USD…93.50 is support. 94.85 is daily resistance and the upside pivot. Commodities… OIL…104.70 will act as your short term pivot. Above, buy them before you sell and see how much you get. This level is a pivot, so conversely, … Continue reading
FYI…our Bond levels and all other instruments will remain in March or their Current contract until we change them! We use continuation analysis…Rolling early gives false signals.
Spu’s…maintaining above 1512 would have traders looking for another 20 points. Closing below 1490 would be a short term pattern breakdown. 30 yr….buy stops rest above 144. Sell stops 142.20 Oil.. minor buy stops above 97.05 will lead to 97.50 … Continue reading
Gold…we’re still alive, however this will need to sustain and close over 1702 for higher. The stop remains… 1687 intra-day all session (GTC) good till canceled. Oil…the range is tightening. Price action below 86.30 will find new sellers, however we … Continue reading
Spu’s…the March hi was 1419.75. Pay attention to this level for the next market set up. 30 yr. Bonds…this is a “sell the rallies” until proven wrong off the Spu/Bond spread. Closing and sustained price action below 148.08 should lead … Continue reading
Spu…1402 is the macro closing upside pivot. Nasd 100…2715 ish is the macro closing pivot. 30 yr. Bonds…148.12 is the closing downside pivot. SPU/BONDS…94.40-50 is near term resistance AUD/USD…105.72 is the macro closing upside pivot. AUD/JPY….83.25 is resistance…82.50 ish is … Continue reading
We’re Buying the Ultra shorts @ the market. Stops will be written tomorrow.. Oil service names are trading @ or near their 200 day’s FFIV just rallied 10% in 2 days. We’re looking for a trade the other way. We … Continue reading
Euro..put in an ORH day on Friday. It retested 127.52 last night. Holding this level can lead to 128.80 ish on an initial rebound. GBP/USD…sustaining over 158.40 will lead to an attempt at a figure rebound here as well. AUD/USD…This … Continue reading
30 Yr. Bonds….141.22 is the 50% of the entire last 8 months… Spu’s…have just given you a 20 point daily move. ( the avg daily range) This is short hand for….Don’t look for much more! Things can reverse in a … Continue reading