Tag Archives: Euro
A.M. Look 7/20/12
Copper…holding above 346 should be positive the board. Oil…could break back to the high 80’s and it would be meaningless. Spu’s…need sustained action under 1364 for any downside. General Comments… We’ve seen a little profit taking in the Oil and … Continue reading
A.M. Look 7/18/12
Welcome to the Mid-Week Shuffle… Copper…347 will be a pivotal level for tone on the Risk paradigm General Comments… Euro continues to be the easier short on rallies for the Risk Off crowd. Markets in general are winding up for … Continue reading
The Big 3…Spu..Nasd 100…EWZ… Pattern Alert! + Euro
All three are attempting ORL days. EUR/USD…needs a close below 121.75 Watch the levels late day and how they react against yesterday’s lows on any rally intra day! These are Risk Off Patterns… … Continue reading
Pattern Alert Silver…Euro
Per last weeks Euro Point & Figure…It’s Holding the 1/2 of the life of the Euro!!! The shorts are about to get a good routing which should also help the metals. A close today in the all session Silver above … Continue reading
A.M. Look 7/16/12
Soybeans…(X) Nov. we’re looking for a 16.30 print. Sustaining over 16.50 could lead to another dollar up. Corn…7.55 will be pivotal. Natgas…closing above 2.95 or under 2.70 is needed for a breakout. Cotton…put in an ORH week by closing over … Continue reading
A.M. Look 7/13/12
Oil…is trading @ the 50 day around 87. Sustaining above can lead to a test of 90. Weekly buy stops are around 89. Spu’s…I need to see a close over the low 1340’s moderately to be positive and a close … Continue reading
A.M. Look 7/12/12
Spu’s…as long as the Spu’s don’t close back over 1341 the board will trade Risk Off. Closing today under 1333 will be negative and have us looking for another 40 points of downside. 1324.50 Spu matching Nasd 2540 can be … Continue reading