94.80 ish is the 200 day mvg avg in the oil. 136.15 is the downside tgt in the U.S. 30 Yr. Bonds The Bunds are hanging around their downside closing pivot. The front month S&P 500 Futures are getting close … Continue reading →
The equity markets still favor buying the hard breaks. Last night they tried them both ways. 1253 is last years close in the S&P Futures. The low 1270’s is the most we would look for on a rally early week. … Continue reading →
The U.S. Equity markets are still a slave to the E.U. drama. The British Pound and Swiss Franc are strong against the Euro on the crosses this a.m. This is a reflection of skepticism that this weekend’s summit will provide a tangible … Continue reading →
Metals…Stops in the Gold should be resting @ app 1596… Silver could probe down to 29.85-90 or they both may have seen lows put in last night… Same game..new day… The Equities and the entire board will continue to be … Continue reading →
Lemming Effect Trading….That’s exactly what we’ve been seeing for weeks. Everybody runs one way until they run off a cliff, then pick themselves up, dust themselves off and do it again. This Lemming is tired! The Metals “last night”, and … Continue reading →
The high 1830’s in Gold and Silver 42 +- a few is the retrace levels in the metals to watch. This will be a price action trade.(PROS ONLY) If the metals hold these areas on a pullback off the # … Continue reading →
Technical levels Support: 110.83…a level you would always expect a bounce from. big fib support 110.21. “109 ish” gone too far the first time down. 112.40 ish becomes 1st resistance. Two big items with this cross: it’s been keeping the … Continue reading →
The Euro is attempting an outside reversal week to the downside with a close below 143.28. This is a Dollar bullish / Euro Negative pattern. EUR/CHF is attempting the same pattern and a close under 112.59 is needed. This cross … Continue reading →
138.02 is the print you’re looking for in the 30 Yr. if the Spu’s can rally from here. Think SPU/BONDS for price action. Long Equities/Short Bonds.. 138.02 should provide a bounce in the 30 Yr. coupled with upside price rejection … Continue reading →
We’ve been Risk On since early Asia. If you wish to play for a bounce you should use last night’s low’s in the indices or Friday’s lows in single stocks for risk management. The board is all SPU/BONDS ( Long Stocks … Continue reading →
