Tag Archives: jjg
Grains…Pattern Alert…JJG
Soybeans…$1291(H) is a big mvg avg line. Closing over 1292 is price positive.. Corn…a close over $6.40.6 puts in an ORH Day…a price positive pattern. Wheat…a close over $6.43.6 puts in an ORH day here as well… Confirmation of these … Continue reading
A.M. Look 1/18/12
Yesterday had us lightening up on the portfolio we came in with. We added short Gold via the GLL ETF. ( app 1661 in the futures) Those of you that used the stop in the SDS as a closing stop…you’re … Continue reading
Position Update…SDS
I am leaving this stop alone..”17.90″ You should have sold out a portion of all other LONG instruments to pay for your trades.
A.M. Look 1/17/12
We have a Risk On Bias in our portfolio after adding the Oil Etf’s and the Aussie late Friday, un hedged against the Long SDS. The capital flows clearly show Europe looking for safe places to protect their assets. GOLD… … Continue reading
A.M. Look 1/13/12
Oil…100.55 close now becomes a similar level to 105-105.31 All new closing strength is needed over these levels for new upside. Brent shows the same pattern with new closing strength back over 112.20 needed. Short term sell stops are 98.30 … Continue reading
Position Update JJG…MOO
We’re buying a partial position in the JJG. I want to have a small core on even though it might be early. Leave the resting order to buy working @ 41.60. MOO…I like today’s low of 49.20 Start a position in … Continue reading
JJG …Grains
JJG..The areas of interest are 42.50 and 41.06-50 We are placing an order to Buy the JJG @ 41.60 for a 50% long position
JJG
Let’s close out this position…Sell Longs at the market. The world is in Risk Off mode,and this is Risk On Asset. Pay attention to your time frames, this looks to be a one way street going into London’s close.
JJG
JJG…41.95 Time to put this back on our radar and start watching! 41.95 puts in a double bottom from last months low…This is also the 2/3rds Fib retrace from the April 2010 low. In other words it’s big stuff… What … Continue reading