Tag Archives: NATGAS

A.M. Look 4/27/12

Posted on 04/27/2012

Spu’s…held support last night @ 1388.70 after the Spanish Debt news. Closes over 1402 will be deemed short term positive the Index. Nasd 100…will need sustained price action and closes over 2735 for more upside. Gold…1650 seems to be the … Continue reading →

ECA…Trade Alert!!!

Posted on 04/26/2012

We’re Selling another 25% of this stock between here and 19.40 Use a 17.75 stop on the remaining 25%. 7% in two days? We’ll take the bulk of the Money off the table!    

ECA…Trade Alert!!

Posted on 04/25/2012

ECA is trading around 18.40 in pre-market after earnings. Pay for your trade! SELL 30% of this instrument anywhere between 18.40-70 or at your discretion when it opens.  

A.M. Look 4/25/12

Posted on 04/25/2012

Today being FED day, it will be all about the Precious Metals after 1:15 CDT. If there is even a hint of future monetary accommodation in the statement, the Gold & Silver will hold and rally. The metals have to … Continue reading →

NatGas Names

Posted on 04/23/2012

Everyone is in love with the NatGas names today. CHK…got some more press in the FT today. 18.29-32 is the level to watch. Buy stops rest just above this level. Players will be looking for an ORH day to signal … Continue reading →

A.M. Look 4/20/12

Posted on 04/20/2012

Energy contracts expire today. Both May Oil & NatGas stop trading today. We’ll start to pay attention to these instruments for opportunity. Euro…there are resting stops over 132.14. A close over this level puts in an ORH weekly pattern. EUR/JPY…is … Continue reading →

A.M. Look 4/19/12

Posted on 04/19/2012

Spu’s…are stuck between 1375-1390 on top. NASD 100… same deal…2700+- and 2730 on top. USD/JPY…81.88 ( app 122.25 Futures) should be your focus for further price action. We previously identified (123.25 Futures.) as a significant level. That was last night’s … Continue reading →

A.M. Look 4/18/12

Posted on 04/18/2012

USD/JPY…81.88 is the weekly ORH #. A close over this level Friday leaves room for a large move up in this Dollar. Yen Futures line up slightly different with a close under 122.25 needed for the ORL. Sustained price action … Continue reading →

A.M. Look 4/17/12

Posted on 04/17/2012

Spu’s…after putting in a lower low last night at the end of Asian session,markets reversed in Europe. Sustained action over 1375 will be positive. NASD…same story, a lower low right into major Fib support “2650’s” General Comments… We tried the … Continue reading →

A.M. Look 4/16/12

Posted on 04/16/2012

EUR/JPY…is a key feature of the board. This cross put in a ORL day on Friday right into the 200 mvg avg and is following through to the downside. 104.40 ish…then 103.50 are the next support levels. As long as … Continue reading →