Tag Archives: CME Group Futures

A.M. Look 2/10/12

30 Yr. Bonds…We currently have a double top and a double bottom on the Monthly Bond Chart. 140.22 (H) Futures is the bottom level currently in play. Closing below this level, coupled with sustained price action below 140.22, would have us … Continue reading

USD/JPY….CAD/JPY…YEN

78.30 was last months Dollar High in the Yen. This equates to a 127.79 (H) Futures low. A close above this area in USD/JPY ( below in the Futures) will set the Yen crosses on fire! 78.39 is the 200 … Continue reading

CAD/JPY…Long Canada/Short Yen

We’re going to start a position in this Currency cross. Cash traders can just buy the spread. Futures traders..we’re buying the Canada Futures, traded on the CME, while selling an equal # of Yen Futures. ETF traders…you can try it … Continue reading

A.M. Look 2/9/12

The short term technical trades continue. Sector rotation remains violent intra day, with the Stock Indices continuing to creep up. 30 yr. Bonds…probed the lows of the recent range last night. Any sell off in the equities would see this … Continue reading

A.M. Look 2/6/12

The strength in the dollar and the weakness in the precious metals has been the feature since the opening bell last night. SPU…we are looking to see a probe into the 1327.50-29.50 area & NASD..2500-02 during the Chicago pit session … Continue reading

Position Update…OIL

……………..Stop Close      Profit Points Long TLT     116.50                 121.70 Long XLE     70.40                   80 Long NEM    59.80   … Continue reading

Position Action Alert

We’re buying DE with an 85.90 closing stop. AUD/USD..short term traders can be long Aussie against today’s low. COP is headed to the 200 day @ 70.50. Some of you have already started positions here. We will write a stop … Continue reading

A.M. Look 2/1/12

General Execution Note… Most of you are at your screens for the first few minutes of trading everyday, regardless of your day job. When an instrument is up 5% just after the opening, and 10% in a couple of trading … Continue reading

SPU/BONDS Daily Continuation

The chart clearly shows that the SPU/BOND spread has relieved pressure. This is a primary reason that we advised taking some partial profits in the 30 YR. This should also be a warning to day traders to sell rallies ..not … Continue reading

30 Yr. Bonds

144.22…This is the spot to pay (SELL SOME) for your trade and lock in some profits!