We are buying a very small position in Dig and XLE Leave the stop as is in the SDS This will leave us with a small risk on bias. The Aussie is still holding. For those that can’t trade futures … Continue reading
145.20 in the 30 is the next area to watch for a reaction in the spread. 1255-59 is the bigger support in the Spu’s. I’m still looking for that 1259 print. Euro…126.87…Short covering can occur back over this area, yesterday’s … Continue reading
A close below 100.55 puts in an outside reversal day to the downside , however this recent spike low of 99.02 is more relevant. That level is unchanged on the year!
Yesterday’s pit session low was 1280.80. A close under this level is needed to put in an outside daily reversal to the downside. BIG LEVEL!
Crop report tomorrow…..grain and Grain names will be in play Spu’s…Our focus will be limited to 2 levels…1280 & 1259.. 1280 will be pivotal early. Gapping below for the pit session and failing to rally back over would be bearish.. … Continue reading
Spu’s…Mid Oct was the last time we saw these levels in the index. 1288-89 was the old high with 2408 in the Nasd. We were looking to get out of our longs around the 1319-25 level on that swing, which … Continue reading
First off let me thank the wonderful technology company “CQG” for having me basically in the dark for the past 10 hours while their tech people have been inside my brand spanking new Dell trying to sort out glitches in … Continue reading