Tag Archives: EWZ

A.M. Look 9/21/12

Intermediate near term Pivots… Oil…as long as the Oil remains above 91.44 close it has a positive bias. Spu’s…closing below 1450 puts this on the defensive. Closes above 1462 are positive. Nasd…2840-45 now becomes our downside pivot. Closes above 2860 … Continue reading

A.M. Look 9/19/20

Soybeans (X)…closes below 1640 will lead to another swing down. Above 16.70 we’ll see some more strength Wheat…9 dollars will be pivotal. Corn…7.60 will be pivotal. Equity Indices…Futures expire tomorrow. We are in wait and see mode. 30 Yr. Bonds…need … Continue reading

General Comments

After some panic buying this A.M. our upper tgt’s were hit in the EWZ, close enough in the TBT, and to the tick in the 30 yr. Futures. We’re looking to Buy hard breaks in Risk assets and Sell hard … Continue reading

Target Reminder

EWZ & X are trading at their first Tgt’s. Pay for your trades and lighten up.

A.M. Look 9/13/12

Euro…129.95 + a few…131.46-50 GBP…162.37 is the April/May close we broke from. EUR/CHF…which has looked like a heart monitor on a corpse for the past 8 months, is attempting an ORH month with a close over 120.92. Last week was … Continue reading

A.M. Look 9/12/12

EWZ…55.90-56.09 is first resistance with stops above. 56.80 is first yearly fib resistance. Closing above will tgt 58. XCO…we’re looking to take some money off the table over $8. 8.25-30 is a good spot to sell 70% of your position. … Continue reading

A.M. Look 9/11/12

Natgas…put in an ORH day yesterday. The Daily Pit chart shows 2.90 as a big mvg avg cross. Sustaining and closing above this level will lead to higher prices. AUD/USD…is caught between 103.25 and 104.15-25. AUD/JPY…80.69-62 is an important hold … Continue reading

X…PIN…EWZ…BHP…30 Yr. Bond Futures

X…Buy a little of this at the market if you want it. Add @ 20.40. PIN…17.15-20 is the low risk buy zone. EWZ..closer to 54 BHP…66.23-40 is the lower risk entry level. 30 Yr…147.31 (U)…146.16 (Z)…now become big pivot levels. … Continue reading

A.M. Look 9/10/12

Silver…33.30 was last qtr’s high, by remaining over ( or holding the breaks to 33.30) keeps Silver from having a deeper re-trace. This will be a descent short term pivot. Gold…just an observation about the RSI’s on a Qtrly chart. … Continue reading

EWZ…Brazil

This instrument didn’t let you in unless you bought it right out of the gate today. Since the horse has left us at the starting gate, those wishing to trade this break out should do so knowing that a pull … Continue reading