Just a welcome and a caveat for our new readers, we need your help to be successful. We are not always in front of the screen, e-mailing about every wiggle in the market. To that end, we continually try to … Continue reading
The board is clearly RISK OFF since we wrote about the matches early this A.M. AUD/JPY…failed at 80.00, another key market Tell. This cross has been a great Risk barometer. It has been acting as a leading stock indicator. When … Continue reading
The entire trade is reacting to levels off the Bonds and the Bund.. Pay attention to your big technical levels for market tells.. Remember… the game has been the spread ” long equities / Short Bond” 135.80 -136 is a … Continue reading
It looks like reality is setting in on this equity rally. The first chink in the Armour was AUD/JPY last night off the 80.00 level. That completed an 8 figure move off the last lows ( an average standard deviation … Continue reading
The Bear argument… Have you just seen the highs for the rest of the week in the SPU? confirmed by the rejection off the lows in the 30 Yr. along with the match off the 1/2 retrace in the Euro … Continue reading
Currency land…The Pound and Euro just hit macro resistance. This has been a big run up out of the gate last night, straight up. The current highs ,will need all new closing strength over these levels to start another leg … Continue reading
I think the Bund will be a better read for the remainder of the day for SPU/BOND or DAX/BUND.. 134.80 134.40…Charles TGT.! macro stops are below 134.20 You’ve seen the early price rejection off 1174 SPU… See how NYC opens … Continue reading
One of the main features of last Qtr were the outside reversals in the dollar against the Singapore Dollar, Aussie, Canada and Brazilian Real. These chart patterns were a reflection of Global DE-leveraging or better known as the “Risk Off Trade”. … Continue reading