Tag Archives: CME Group Futures
30 Yr. Bonds…Day Traders
The 30 yr. needs back over 138.15 to rally again. Pay attention to the SPU/BONDS spread !
A.M. Look 8/10/11
SPU…1178-86 is the key resistance level. Only a close over 1187 will have me thinking the worst is over. Many instruments completed multi-year swings or came close Monday night into Tuesday. OIL, CAT are stand outs. AAPL..old resistance become support … Continue reading
8/9/11
Last night’s lows in the Oil came very close to completing a 50% re-trace from the 2008 low of $33. Aussie…102.88 will become pivotal.. The SPU & NASD will continue to be highly volatile….SPU/BOND spread was almost enticing last night … Continue reading
8/8/11
The S&P retested Friday’s low early last night putting in a double bottom pattern on the point & figure charts. If this area is violated we will start moving in roughly 20 point increments, possibly as low as the mid … Continue reading
NASDAQ 100 Futures
2192 is the big closing level from last qtr when the stops were elected below, and then rallied. We’re trying to put in another qtrly pattern similar to last qtr which was rejected in a big way. That # is … Continue reading
A.M. Look 8/5/11
Gold & Silver…yesterday’s lows were great in both. Now we have to see if we hold those lows on the unemployment #( which have typically been the lows for the rest of the month). Moreover, the gold needs to close … Continue reading
S&P 500 ….Price Action
The Spu took out yesterday’s low and trapped the shorts once again. If your view is Bullish, a new low is your stop. You will need all new price action over 1240 for confirmation.
Stocks… S&P 500
That was a nice rally to nowhere in the SPU..We’re caught between 1237-48 for the moment. Investors who bought OXY and AAPL should use a break-even stop SPU starts heading south, we’ll see the 1188 area.
A.M. Look 8/4/11
I wrote the Bulk last night…. Obviously ETF Traders were hamstrung until this a.m. S&P 500…Today we’ll look for price rejection in the mid 1270’s the first time up. The pit 200 day is app 1283. A lot of good … Continue reading
Yen Intervention
Cash or Futures traders be out of 50% of your short Yen, LONG USD/JPY, any where close to 79.50 USD/JPY! (App 125.75-126.00 Futures.) If you’re awake and involved start scaling out of some! —