Tag Archives: Aud/Usd
A.M. Look 11/14/12
Spu’s…last night’s high was again the 200 day, which is acting like a magnet. 30 Yr….look for 150.15 to stop the Spu/Bonds on this wiggle the first time down. EUR/JPY…last night’s high was again the 200 day ( app 102.17), … Continue reading
A.M. Look 11/12/12
We’ll be out of office, traveling on business, form 8:30 CDT for the rest of the day. SPU/BONDS…are getting into that oversold area where the breaks can hold for a rebound as seen Friday. AUD/JPY…the weekly is breaking out of … Continue reading
A.M. Look 11/8/12
Spu’s…1398-1402 is resistance with 1407-09 being the dream sell level the first time up. Sustaining below yesterday’s Fib match lows will lead to a test of the 200 day. Nasd 100…the monthly bottoms are +- a few @ 2600, which … Continue reading
A.M. Look 11/7/12
Gold…needs closing strength over 1727-32 for more upside. Silver…32.13 will be pivotal all day. Spu’s…same levels! Below 1402-1395 close for a downside breakout, above 1434 for the up. 30 yr. Bonds…148 +- a few is the downside pivot. Sustaining above … Continue reading
A.M. Look 11/6/12
General Comments… Go vote!!… Model Trading Portfolio…………….. Stop Close Profit Points Long TBT 59.30 69 Long Spu 1455/75 Nov. call spread Profit areas have been hit. Investors should have reduced positions. Small core … Continue reading
A.M. Look 11/5/12
Spu’s…singing that same old song since July…”no close below the 1395-1402 level” We need to see a close below this area for another swing down. Sustained price action above 1410 gets the lemmings running the other way. Gold & Silver…have … Continue reading
Curency Traders…EUR/AUD
123.65-42 is near term support in this cross. Watch this area for clues to further Euro weakness. This is a big near term hold area.
A.M. Look 11/2/12
Today, being Unemployment, will put the metals back into focus. Gold…1662-75 which is around the 200 day is the lowest risk buy zone. This will be a price action trade for Day Traders. The early game will be to see … Continue reading
A.M. Look 11/1/12
Silver…shows a break out on the P&F charts by sustaining over 32.50 ish. General Comments… The technical levels are ostensibly the same. The world Indices are all positive this A.M. We have been unable to close below the 1402-1395 level … Continue reading
A.M. Look 10/31/12
We know that many of our friends are without Power or internet on the East Coast, our thoughts and prayers are with you! Spu’s…1426-30 is the lowest risk sell area. As of this writing sustained action back below 1412 will … Continue reading