Tag Archives: CAD/JPY
A.M. Look 8/15/12
Spu’s…need sustained and closing price action under 1389 for this move to be confirmed. 30 yr. Bonds…overnight saw the mid 146’s as an initial reaction zone. This was a previous high that gave us a couple of 8 point moves. … Continue reading
A.M. Look 8/14/12
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
A.M. Look 8/9/12
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
A.M. Look 7/27/12
30 yr. Bonds…151.06 is the 18 day Mvg avg and near term support. Euro…123.40 will continue to be a pivotal level. Gold…we are long. The bigger break out is still a little higher on the long term point & figure…a … Continue reading
A.M. Look 7/20/12
Copper…holding above 346 should be positive the board. Oil…could break back to the high 80’s and it would be meaningless. Spu’s…need sustained action under 1364 for any downside. General Comments… We’ve seen a little profit taking in the Oil and … Continue reading
A.M. Look 7/19/12
Spu’s…1375..1381.50 is the horizontal resistance. We presently need price action back under 1363 for this to be an interim high. Price action under 1370 is needed for any signs of this directional flow abating. Midcap…closing over 96000 will lead to … Continue reading
A.M. Look 7/10/12
Spu’s…1338…1357…1381…Pick a # and pick a side. Oil… is setting up to break this range. This will be a price action trade based off the Risk paradigm of the entire mkt. General Comments… Trade what you see. Model Trading Portfolio … Continue reading
A.M. Look 7/9/12
Gold…is in an 80 dollar range. Traders of this metal should be aware of the Eur/Gold spread. EURO…The Fibs on the Point & Figure chart are for the life of EUR/USD, not the extrapolated old D-Mark. 30 yr. Bonds…Friday saw … Continue reading
A.M. Look 7/5/12
USD/JPY…79.20 ( 126.40 Futures)….80.10 ( App 125 Futures) is the trading range. Monitor these levels for a breakout. 30 yr Bonds…are in a 2 point trading range. leave the stops as is in the TBT. We’ve seen where the Bonds … Continue reading