Tag Archives: aussie
A.M. Look 3/22/11
Nothing is doing in the markets except for the Dollar getting beaten up again. This theme should maintain until month end. 101.60-70 AUD/USD will be a big closing pivot. You can sell against this level to see if you get … Continue reading
Aussie…Uranium Stocks…CCJ
The resistance in the Aussie should now come in @ app 101.60 cash or 100.65 June futures. Many of the uranium stocks are trading below their respective 200 Day Mvg.Avgs. Price action back above 30.34 CCJ and 3.90 Euc will … Continue reading
Aussie…Euro…Silver
Aussie will put in a daily outside reversal day to the upside with a 4 p.m. NYC cash close over 101.20. The commensurate Euro price is 139.28 Silver held early today @ the 34 area and now with a close … Continue reading
A.M. Look 2/10/11
The currencies are the main feature across the board this a.m.( The Dollar is stronger across the board) The Euro having reached it’s resistance yesterday is now back at the weekly support area. USD/JPY is back to the model breakout … Continue reading
A.M. Look 2/1/11
It’s the first day of the month. We are going to pay close attention to the price action around 9 CT to see if directional flows reverse. Spu/Bonds spread needs to show it’s metal…with the bonds closer to the bottom … Continue reading
A.M. Look 1/21/11
Euro…We got stopped out of the Euro with a push to a small loss depending on your execution. Long Euro/short everything will continue to be the feature for the rest of the day. Close attention should be paid to these … Continue reading
Spu…Russell…SOX….Aussie
This is the wrong time of day to press direction… The Russell @ 774,Spu 1268, Aussie @ 98.20-50 cash, and the Sox breakdown # of 424 are now the pivots for the entire market. The Bulls will, in all likelihood, … Continue reading
A.M. Look 1/20/11
Bonds..They act like whale duty floating at the bottom of the Ocean. Until they close higher on the year stay the course. We’ve had enough positive scalps here that we’ll close our eyes and let the market take us out. … Continue reading
A.M. Look 1/18/11
The Euro areas are well defined, 132.50 below and 134.40 ish on top. Price action above 134.40 will lead to further gains. The Sterling has exceeded it’s 1st upside tgt of 160. Only a couple of closes over 161.70 will … Continue reading
A.M. Look 1/14/11
Spu…late yesterday into early Wellington the Spu put in a double top on the point & figure charts @ 1284.25. We are seeing an expected pull back off that formation. 1273.60 is a day session # we expect to see … Continue reading