We’re Buying the April 1530 Puts, which expire tomorrow, for 380.
Given it’s the mid-week Shuffle… Sell 50% of the 1530/1500 Put spread. I want to take some money and have the trade on for free.
Time frame trading the rest of the day!!! The Bonds need to sustain over 145.07 or the Spu’s under 1552 to get another signal for more weakness in this spread. We’re standing pat with our S&P 500 Put spread for … Continue reading
Buy the April 1530/1500 S&P 500 put spread for $4
122.40 is the closing macro pivot. There are resting sell stops @ 121.55. There is not much for the next couple of figures down. Remember…selling weakness in EUR/JPY or AUD/JPY at these levels is not recommended! When these go down, … Continue reading
We will honor the chart patterns in the Currency Crosses and the Midcap 400. We’ll start a short position… BUY SDS MOC ( Market On Close)
USD/JPY…is winding up for another move. If the chart pattern in AUD/JPY is true, ( ORL day) yesterday with follow through last night, this could be the start of a rebound in Yen Futures. The dollar point & figure is … Continue reading
Those of you looking for a risk off trade, the QID has a definable stop. Buy this double short NASD looking for a dollar trade with a stop just below today’s low of 28.05
Given the Spu/Bonds went to the trend line and the Yen went to the initial exit zone…+ the Gold stopped dead on resistance @ 1725, my worry is a Risk Off board, going into the latter part of the week … Continue reading
We’re approaching the qtrly downtrend line in the spread. Again this shows Long Equities ( S&P 500 Futures) vs short 30 yr. Treasuries ( 30 yr. Bonds). This will be the chart of the day and the road map for … Continue reading