Tag Archives: CME Group Futures

A.M. Look 2/28/12

Posted on 02/28/2012

Grains…are all following through to the upside, confirming the break out patterns from yesterday. We have chosen to play this via Long JJG ETF. Wheat and Corn look particularly good. Spu’s…and stocks in general should be firm into tomorrow’s LTRO … Continue reading →

Oil and related ETF’s

Posted on 02/27/2012

We will have no Long positions going home…

Grains…Pattern Alert…JJG

Posted on 02/27/2012

Soybeans…$1291(H) is a big mvg avg line. Closing over 1292 is price positive.. Corn…a close over $6.40.6 puts in an ORH Day…a price positive pattern. Wheat…a close over $6.43.6 puts in an ORH day here as well… Confirmation of these … Continue reading →

Pattern Alert…Yen & Yen Crosses

Posted on 02/27/2012

ORH & ORL Daily Patterns… Yen (H) Futures would need a close over 125.12 USD/JPY….a close under 79.90… ORL EUR/JPY…106.81 …with the 200 day @ 107.11 ORL AUD/JPY….85.64…ORL CAD/JPY…80.09….ORL These are price negative patterns!

A.M. Look 2/27/12

Posted on 02/27/2012

Yen…missed the long -term sell stops in the Futures by 13 ticks @ 123.43,( 81.75 USD/JPY) just after the opening last night. Since the opening hour, the board has been in “Risk Off” profit taking mode. 80.30-40 USD/JPY needs to … Continue reading →

Trade Alert..Canadian Dollar…USD/CAD

Posted on 02/24/2012

Close all Long Canadian Dollar positions @ the market….That means Futures as well as Short USD/CAD

OIL & OIL Related Names…Trade Alert!!

Posted on 02/24/2012

I’m seeing Green!!! The Oil risk is now skewed to almost 50-50 for either 6 bucks up or 6 bucks down from here. I still believe we’ll see higher prices, however we are going to reduce our weighting to 15% … Continue reading →

Euro…Euro/Everything Else…Trade Alert!

Posted on 02/24/2012

We have a home run in the Oil, we also have a good lead in the Gold. The Euro bears have all capitulated today..run out on all the spreads, whether it be against the Yen,Metals,Oil, you name it. My qtrly … Continue reading →

A.M. Look 2/24/12

Posted on 02/24/2012

The Yen Crosses are running the “Risk On” show. The Yen Crosses are important “Risk On” Barometers! At resistance levels in the crosses, the equities stall out. At support levels in the crosses, the short sellers get trapped causing rallies. … Continue reading →

Aussie…

Posted on 02/23/2012

AUD/USD…the ORH # is 106.87  ( 106.55 H Futures)