A close for the Midcap (M) over 952.10 today would confirm a short term low in stocks. Closes above 1287.75 in the SPM June Futures will have us cover our short S&P futures via either selling our long ETF’s or … Continue reading
These levels do not change so please keep them. I will not re-visit these in the a.m. The crude just gave back 50% @ 99.40 of this years move and still going. I’ll start looking another 4 dollars lower for … Continue reading
Yesterday we nibbled on some Gold and Silver ETF’s.. Ouch! It’s painful to be early! The pain is only mitigated by the Short Aussie we hold against them.Silver needs to show some kind of a reversal in the next couple … Continue reading
It will be interesting to see if yesterday was indeed the end to the happiness created by the Fed. We got outside reversal days to the downside in CAT,Russell,Midcap along with a big time technical high in the Aussie. We’re … Continue reading
Midcap 100770 a close below puts in an outside reversal day to the downside. Russell 85860 a close below puts in an outside reversal day to the downside. Only the Spu lag..