Tag Archives: Copper
A.M. Look 6/19/12
30 Yr. Bond Futures…look like they need sustained price action 6-8 ticks over last nights highs to start another thrust up. Euro Stoxx…21320 is the 18 day mvg avg and support. 21847 is the 50 day and resistance. DAX….62550 is … Continue reading
A.M. Look 6/18/12
Currency Futures expiration @ 9:15 CDT….Canada Tuesday ….Bond Futures Wed. Spu’s…1349-52 is Fib resistance and a possible weekly double top area. 1333 is the pivot. Nasd…2571 is a fib match with the 100 day mvg avg. 2610 is the 50 … Continue reading
A.M. Look 6/15/12….W/ JJG & USD/JPY Trade Alert!
We were stopped out of our remaining SDS per the intra-day instructions yesterday. Spu’s..1333…Nasd.. 2540…will act as macro pivots going forward…Need a definition? Click on the glossary! Let’s take this one step further for you situational traders. Yesterday’s lows were … Continue reading
A.M. Look 6/14/12
Gold…1630 is still capping the rally. Platinum…1471 is near term support. 1506-10 is near resistance. General Comments… We reduced our SDS exposure ( Risk Off) by 50% yesterday mainly because I am not a fan of coin flips. Any involvement … Continue reading
A.M. look 6/13/12
Welcome to the mid-week shuffle. 30 yr. Bonds…148.07 (M) 147.19(U) is near term support. Spu’s …the Sept needs to sustain above 1322 ish to rally. Bunds…could go as 140.70 and hold..this will be a key monthly closing level. A close … Continue reading
A.M. Look 6/12/12
General Comments… I’ve spoken to many of my longer time frame clientele ( Private Wealth guys and Money Managers) over the past few days. Many of you are looking for the old holy grail of buy and hold low frequency … Continue reading
A.M. Look 6/11/12
We were stopped out of our remaining EUR/JPY on the opening last night. Date: June 7, 2012 7:22:56 AM CDT CAD/JPY & GBP/JPY…are both coming up to their respective 200 mvg avg’s. 124.07 GBP/JPY 77.96 CAD/JPY CAD/JPY is an … Continue reading
A.M. Look 6/8/12….With EUR/JPY Trade Alert
Spu’s… closing below the 1308-09 level In (M) will be price negative. EUR/JPY…closing below 99.51 will be price negative the cross. Expect a test of the low 98 level for a starter. Copper…32780 is a level that can trap the … Continue reading
A.M. Look 6/7/12
Nasd (M)…2574 is Fib resistance…2571 is the weekly ORH level with stops above. Spu’s (M)..1322 Fib resistance ….1334.20 is the weekly ORH level with stops above. This is also a 50% re-trace of the entire move. 1345 would be the … Continue reading
A.M. Look 6/6/12
Welcome to the Mid -Week Shuffle… Gold…could go as high as 1650 Platinum…stops are over 1674 Spu’s …1292.50 should be early support. 1300 is early resistance. Nasd…2496 is early support. 2527-24 is the 18day mvg avg. and the monthly close. … Continue reading