Spu/Bonds… has been the game since 12/19/11. It’s been a one way ticket. This spread still has more to go. With the Downside breakout, of the 30 Yr. Bond Futures of a 5 month trading range yesterday, we’re seeing the … Continue reading
Spu’s…The June (M) contract is trading at a 6 dollar discount to the front month March (H). Price action will revolve around 1377 (H). Maintaining above 1377 (H) will keep the equity indices on a firm footing. ” More Risk … Continue reading
Aussie….104.92 is the first major 3rd from the Dec. 19th low. “It’s a big swing area” Mvg avg’s today are 104.51….104.07 ( 200 day) 50% of the major swing is 103.70. The moving averages movement will be negligible over the … Continue reading
The markets are living in a technical world. Gold…retested it’s Friday ORH break out last night and held for now. The point & Figure charts show, by not sustaining above this area, it is vulnerable to further sell offs. It … Continue reading
EUR/USD….the 50 day comes in around 130.90. The Fibs come in again at the same area which is 130.50-60. Place your orders to close out any remaining “Short Euro” positions into this area.
We will be closing the remainder of the above positions by the NYSE close today, if prices maintain the current levels. Watch your closing stop levels, we will not be in front of a screen to send another reminder! Closing … Continue reading
Just to avoid any confusion, I am only quoting March (H) S&P 500..NOT JUNE!!!!! CURRENCIES ARE ALWAYS CASH U.S. 30 YR BOND…(H) MARCH HERE AS WELL I won’t roll the Spu’s until next week Tuesday, Bonds…sometime the week of the … Continue reading
SPU’s…price action over 1366 will have us seeing more “Risk On”. We need to see price action back under 1360 to entertain keeping our short S&P’s and long SDS. We’ll monitor this for a little while this a.m. We’re not … Continue reading