Welcome to the Mid-Week Shuffle I’m in full wait and see mode. Names like BHP are gaping higher in pre-market, I would not trust this strength mid-week. Subscribers that are not familiar with terminology should refer to the Glossary for … Continue reading
FTSE….putting in a topping pattern. Price recovery over 6418 is needed to keep the pattern positive. Spu’s… It’s the mid-week shuffle. U.S. energy names will be under pressure early.
Mid-Week shuffle.. Risk assets have held and i think it unwise to sell a quiet Equity market. Still looking for higher U.S. Index prices. The later it gets in the day the more likely the shorts will get squeezed! I’m … Continue reading
It’s the mid-week shuffle after a Full Moon and technical models in equity Indices world wide are turning up. Currently the Spu’s & Nasd 100 are into some congestion as mentioned yesterday. A wiggle back to yesterday’s highs and a … Continue reading
IYT…potential double top. Midcap 400…is attempting an ORL day. I don’t want to read too much into that pattern with a neutral RSI. The broader weakness is in the Midcap and Russell. Yes, welcome to the mid week shuffle! The … Continue reading
30 Yr. Bonds…we’re close enough to our tgt area, trading in the 139’s, to consider taking some profits. The mid 139’s should bounce the first time down. We remain in sell the rally mode to anything around 142.07 with a … 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
Given it’s the mid-week Shuffle… Sell 50% of the 1530/1500 Put spread. I want to take some money and have the trade on for free.
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