AAPL…a close today over 682.48 is needed for an ORH week. Euro…is trying to complete the first major Fib swing on a 2 year look @ 131.50. GBP/USD…stops are over 163.05 tgting 164.20. EUR/JPY…102.54-86 CAD/JPY…sustaining and closing over 80.86 should … Continue reading
Copper…is poking it’s head up with an ORH day yesterday. Looking back at the cloud you couldn’t of had a better low to hold @ 340 ish. 355 is the first third coming back on a yearly swing with 360 … Continue reading
Spu’s…1342 30 Yr. Bonds…153.00+- a few Euro…120.70 EUR/AUD…117.93 is the ORH # EUR/JPY….got within 20 points of it’s projected tgt. Wheat…9.166 is the ORL # General Comments… The #’s above tell one story, it’s the match game. The Bonds are … Continue reading
Oil …sustained price action over 81 is needs for a meaningful rally. USD/JPY…has a weekly double bottom in @ 80.63. App ( 12409-16 Futures)….Point & Figure support is app 79.62 USD/JPY ( 125.73 Resistance Futures) EUR/USD….is into Point & Figure … Continue reading
Spu’s…1341 then comes the trend line support and fibs @ the 1329-32.75 level drawn from the 1262 low. All new strength over 1358-62 is needed for more upside, Oil…the 78 handle in the oil as shown on the chart is … Continue reading
Is this the low in rates for a long long time? Patterns you should be aware of… Higher rates everywhere else makes zero percent in Japan a lot less attractive. hence the selling of the yen against all currencies. … Continue reading
We’re Buying 70% our AUD/USD shorts back @ the market. We’ll leave a trailing stop just above today’s high on the remainder. I’m taking the risk off the board to see how things settle out. It’s not showing me any … Continue reading
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
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