Tag Archives: Precious metals

A.M. Look 6/24/13

Posted on 06/24/2013

Stocks.. Spu’s…the Sept Futures will need to close over 1590.50 to hold up Macro support and next tgt. is 1562 followed by 1532, levels that will not change. Nasd 100…2888 is closing resistance. 2800-05 is the next tgt & support. … Continue reading →

A.M. Look 6/21/13

Posted on 06/21/2013

Stocks.. Spu’s…the Sept Futures will need to close tomorrow over 1597 to hold up on the weekly charts. This needs a close over 1614.50 for higher Nasd 100…2888 is the weekly #. This needs to sustain over 3000 for higher … Continue reading →

Precious Metals

Posted on 06/20/2013

So far there is not much of a bounce. 1265 Gold is still a descent place to look for a bounce, however we are going to wait to buy and hold for a longer time frame trade. The simple reasoning … Continue reading →

Position Update…Stop Adjustment

Posted on 05/22/2013

We were stopped out of the remaining Long TBT. We are still Short 30 yr. Futures… JJG orders to sell and take profits are working and still good. Cancel/Replace…Lower the protective BUY Stop to 144.16 from the original 145.05 Cancel … Continue reading →

A.M. Look 5/7/13

Posted on 05/07/2013

AUD/USD…101.15 is the next level technical level with stops below. The macro pivot of 102.15-25 does not change. This is the level to sell rallies against to manage risk. EUR/AUD…128.92 is last weeks high and now becomes minor short term … Continue reading →

A.M. Look 4/12/13

Posted on 04/12/2013

Spu’s…sustaining below 1581 is needed for short term directional change. Sell the SSO on a 1580.25 Spu print. (app 74.80 SSO). 30 yr. Bonds…I don’t think you want to see them over 147.02 again, however we’ll use a 147.20 stop … Continue reading →

Precious Metals

Posted on 04/02/2013

Silver…the first downside tgt is 27.05 +- a couple. This is a cover your shorts zone the first time down. Gold…the next set of minor sell stops are under 1574.50. The macro stops are under 1555.

A.M. Look 3/4/13

Posted on 03/04/2013

Spu’s…need sustained and closing price action under 1500+-  “Friday’s Lows for lower” AUD/JPY…94.40-50 is the pivot and the weekly support. USD/CAD…103.50 seems to be the next closing barrier. macro stops are a figure away @ 104.50 AUD/USD…as long as there … Continue reading →

A.M. Look 2/20/13

Posted on 02/20/2013

Oil…(H) March expires today. April needs all new price action over 98.15 ish for higher. Buying strength above 97.50 is not recommended. EUR/GBP…87.70 is half way back for the past 6 years. GBP/USD…qtrly sell stops are app 152.30-15. 152.80 is … Continue reading →

A.M. Look 2/14/13

Posted on 02/14/2013

Euro…132.70 looks to be overextended the first time down. EUR/JPY…123.85 is mvg avg support. Only maintaining and closing below this level will lead to more profit taking in the cross. EUR/AUD…anything below 128.45 will be trap territory the first time … Continue reading →