Sell the remaining SSO @ 96 Stop Close Only.. A close below 96 in the SSO and below 1786.50 puts in an ORL day and and a market top. If this looks to get elected we’re selling the remaining DXJ … Continue reading
Today being a Full Moon event day, the markets are not going to stay here. I don’t have a strong conviction either way at this point. Here are a couple of clues for those of you who are day trading … Continue reading
30 yr. Bonds..147.12-15 is support and the downside pivot. Bunds..145.32 is support. Only a close below 144.85 changes the picture. Italian 10 Yr…144.38 +- a few is the hold area. Sell stops rest @ 144.23 with 113.67 being support and … Continue reading
Wednesday is a Full Moon, which means there should be some big action mid week. Thursday is a major crop report. This is the one that is always a major market mover. For those of you that bought GDX, Keep … Continue reading
Full Moon Trading with the mid-week shuffle XLF… (Financials) put in an ORL day. Follow through to the downside is needed below 15.60 to trust the pattern. KBE… (Banks) same as above. This needs sustained price action under 23 for … Continue reading
Full Moon Trading Tonight, that means half the world has their Ouija Boards out and you should have your track shoes on. Spu‘s…the downside levels will remain static. 1252.60 is last years close. 1243 is the next meaningful Fib support. … Continue reading
Unenjoyment with the French elections and “Full Moon Trading” to complete the weekend Trifecta On Saturday, the United States will be treated to a “Supermoon” event — an evening where the full moon appears at its largest and brightest in … Continue reading