30 Yr. Bonds…140.15 is the print we’ve been looking for when we first bought the bonds in the 136 handle. Now that the entire expected swing has been completed, we will await further price action before deciding our next move. … Continue reading
Welcome to this months episode of Full Moon Trading… Today into tomorrow will be important. Friday, the only ones able to trade the unemployment data will be Futures Traders. Both European & U.S Equity markets will be closed at the … Continue reading
A close tomorrow over 15.44 puts in an ORH week. We would view this as confirming a top in the indices. Sell rallies the rest of the day in the equity indices..NASD 2750 is the level to manage your shorts. … Continue reading
SELL the EURO @ the market using a 30 point stop. BUY 1/2 position back in the QID…”Long QID=Short Nasd”
Nasd 100 Futures…a close above 2775 will have us close out our Long QID trade. This can still trade the 2839 Fib level. Spu’s…needs price action & closes back under 1400 to be negative. 30 Yr. Bonds…need some sustained action … Continue reading
It’s Qtr end. We are not going to initiate anything new today. We have a small position, Long the QID (Short Nasd 100 Futures). For Now, we will leave the stop alone. The Long TLT/30 Yr. Bonds has been working … Continue reading
Buy the QID ( Double Short Nasd) @ the market! We’re using a 29.75 stop on this trade… Depending how you view it, I either was either premature or very late. Nevertheless, it’s a cheap look at picking a high. … Continue reading
The Lemmings all found the sell button at the same time. Are the highs good enough for a big market top? Yes, close enough in the Nasd with the S&P 500 Futures completing their swing count yesterday @ the 1420 level. All … Continue reading