Tag Archives: Oil
A.M. Look 1/5/12
We’re presently trading around the buy levels suggested yesterday in the Aussie and Canada. Currency traders can give it a go… Buy a small long position @ the market if you didn’t have resting orders. We’re keeping it small because … Continue reading
Gold & Silver, EURJPY critical level | A.M. Look 1/4/12
Metals….all new strength is needed over 1628-30 in the Gold and $30 Silver to start another leg up. I think this will be a day trade until Friday at this point. We’ve seen 3 swan dives after unemployment #’s since … Continue reading
A.M. Look 12/14/11
EUR/GBP…This cross looks to be headed for 82. Dollar Index….80.43 is the Oct. high .By maintaining prices over 79.27, this looks to be breaking out on a qtrly chart. Meaning a stronger U.S. Dollar. SPU’s…The March contract still looks like it … Continue reading
Crude Oil…Pattern Alert
A close below 98.43 on the all session chart puts in an outside reversal day to the downside. This would signal additional Risk Off to come.
Stocks & Oil
I’m obviously Bullish Risk Assets… OIL…The near term stops in the oil are just over 94.65, last month’s high. Don’t get too exited up here the first time. The 200 day mvg avg comes in just shy of 95. Always … Continue reading
A.M. Look 10/4/11
There is not much to say other than we’re going to the lower tgt’s in the stock indices and higher tgt’s in the Dollar and Bonds. Risk Off…. You’ll get your opportunities to sell rallies in the equity indices. Do … Continue reading
SPU/BONDS
So far this has been a big opening range trade in the Bonds..with the commensurate rally off the monthly moving avg’s in the SPU. 144.25 is the # needed to close below to think the 30 Yr. Bond upside is … Continue reading
#’s that matter
I’m putting these levels out just in case it gets really nuts today. In a world where every trade is the same trade being prepared is key. Aussie…macro stops are 95.40 cash. 93.80-94 is the next significant level down. Euro..133.85 is … Continue reading
OIL…DIG
92 level in oil matches 51.65 in the DIG ETF..( first good resistance) All new strength is needed over these levels for follow through to the upside.