Cat was up big in pre-market. It has now traded unchanged on the day. Price action under 94.40 is needed for a full flush of long positions. Watch for tone. XOM…Dr. Nenner put out an 80 tgt. a couple of … Continue reading
The metals are failing. Dr. Nenner’s high could be coming early. A close below the following levels today should have you out of any remaining residual longs. Those who kept that last 30% to see if we’d go back to … Continue reading
EUR/CHF has been the feature last night as it has been running the Euro for the past week. How big of a correction will this turn into? There could be 2 more figures in this cross or 10 depending upon … Continue reading
The Aussie,Aud/Cad,Euro have all reached their first set of downside tgt’s yesterday or last night. Currency traders should be patient and wait for good re-tracement levels to try the short side again. The market needs a little time to see if the … Continue reading
Oxy has reached Dr. Nenner’s first upside price tgt of 97. March Crude is within 20 cents of a major technical area around 92.65. Price rejection from this level could lead to a possible head & shoulders top formation on … Continue reading