Tag Archives: COP
A.M. Look 2/8/12
Early yesterday when the Spu’s showed weakness the AUD/JPY did not. AUD/JPY…( Long Aussie/Short Yen) remains a leading risk on indicator. 84.00-84.12 is the next short term resistance level. DAX….shows no significant resistance until 70000 Copper…there are resting stops above … Continue reading
A.M. Look 2/7/12
Point & Figure Patterns this A.M. shows a double top in the SPU’s @ 1342.50 and the Brent OIL @ 116.70. Long Brent/Short WTI is the feature in the Oil Mkt. Spu’s…is all about where and how they hold breaks today into … Continue reading
Emerging Markets…India…Pattern Alert…General Comments
Today’s low in PIN is the a retest of the 200 day mvg avg. EPI…the 200 day is 19.87 Investors looking to diversify or playing in this pond, manage your risk against these #’s. Closing under these levels would be … Continue reading
COP…OXY…XLE
COP…71.76-80 will be a spot to pay for your longs ( sell some out) for those of you that are inclined to trade that way. OXY…103.83..there should be resting stops above this level. It’s not the worst idea to pay … 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