Tag Archives: NATGAS
A.M. Look 12/6/12
AAPL…anywhere between 525-536 is potentially a bear trap today. Selling weakness into this area is not good risk management. Sustaining below 525 the acceleration can continue. NATGAS…3.47 has been support and the upside pivot for the past month. 3.72 is … Continue reading
A.M. Look 11/14/12
Spu’s…last night’s high was again the 200 day, which is acting like a magnet. 30 Yr….look for 150.15 to stop the Spu/Bonds on this wiggle the first time down. EUR/JPY…last night’s high was again the 200 day ( app 102.17), … Continue reading
A.M. Look 11/12/12
We’ll be out of office, traveling on business, form 8:30 CDT for the rest of the day. SPU/BONDS…are getting into that oversold area where the breaks can hold for a rebound as seen Friday. AUD/JPY…the weekly is breaking out of … Continue reading
UNG_-_United_States_Natural_Gas_Fund_Daily.gif …Trade Alert!
Natty & UNG…are attempting to Hold, with UNG trying for an ORH day. We will buy a small position in the UNG on a 21.20 Stop Close only. We’ll try the pattern.. however we do not recommend leading off on … Continue reading
A.M. Look 11/8/12
Spu’s…1398-1402 is resistance with 1407-09 being the dream sell level the first time up. Sustaining below yesterday’s Fib match lows will lead to a test of the 200 day. Nasd 100…the monthly bottoms are +- a few @ 2600, which … Continue reading
A.M. Look 11/7/12
Gold…needs closing strength over 1727-32 for more upside. Silver…32.13 will be pivotal all day. Spu’s…same levels! Below 1402-1395 close for a downside breakout, above 1434 for the up. 30 yr. Bonds…148 +- a few is the downside pivot. Sustaining above … Continue reading
A.M. Look 11/2/12
Today, being Unemployment, will put the metals back into focus. Gold…1662-75 which is around the 200 day is the lowest risk buy zone. This will be a price action trade for Day Traders. The early game will be to see … Continue reading
A.M. Look 10/31/12
We know that many of our friends are without Power or internet on the East Coast, our thoughts and prayers are with you! Spu’s…1426-30 is the lowest risk sell area. As of this writing sustained action back below 1412 will … Continue reading
A.M. Look 10/30/12
AUD/USD…buy stops are just over 104.10 USD/JPY…is still dancing around it’s 200 day, while the Yen crosses are not responding as I’d expected. Natgas…3.47 will now act as a big pivot. We are still looking to buy this again closer … Continue reading
A.M. Look 10/26/12
Spu’s…1394.50 was last months low, there are stops below. 1385 ish is not a level to press the first time down. 1373-75 is the next exit level which was former resistance and now support. Nasd 100…2648-53 will act as the … Continue reading