Tag Archives: Risk On Trades
Risk On?…GDXJ
Looks like the S&P wants to show us the 1170’s today. Buy the GDXJ @ the market with a 34.30 stop.
8/24/11
We traded 1160 in the S&P 500 Futures and rejected the level the first time up. This is exactly the price action I’ve been looking for since late last week. This dance will now continue with new highs into the … Continue reading
Risk On?
I’ve been flipping through the chart patterns of many well known names. CAT,OXY,FCX,BHP,DIG,DE to name a few. For the most part all these patterns are very similar to the S&P 500 Futures. The Spu has gotten the stops over yesterday’s … Continue reading
AAPL
Let’s focus on the here and now. AAPL and the Nasd 100 futures have been trading in tandem the past couple of weeks. We Identified the 355 level as good support matching 2030 area in the Nasd 100 Futures. Presently … Continue reading
A.M. Look 8/16/11
I have no great ideas this a.m., just a couple general observations: USD/CHF looks to need back over 79 USD/CHF ( app 126.75 futures) for the board to have a risk on footing. AUD/USD & EUR/CHF highs yesterday were both … Continue reading
S&P 500 Futures…SSO
I was looking for that last final squeeze up over 1198 futures. So far no cigar. If you have not already taken your profits, I recommend doing so within the next 30 minutes.
S&P 500 Futures…SSO…AUD/USD
Any price action over 1197.75 today will be used to liquidate the rest of our longs. That’s right, although we may rally a further 20 points I am taking the money! 105.05-25 Aussie should prove troublesome the first time up as … Continue reading
A.M. Look 8/15/11
I have no great insight this a.m. I am just going to watch and let the day develop. Later in the London session we might get a hint as to witch way traders are willing to place bets going into tomorrows Sarkozy-Merkel … Continue reading