Potential outside reversal weekly pattern..The key level to close below is 437. Having said that, we are into support on the daily and weekly maps. If short, it’s a good place to tighten up your risk and pay for your … Continue reading
We have currently just added some long portfolio exposure that we took off May 2 in OXY, as well as some of you re-buying some AAPL. If the stocks can’t find footing after 12:30 Central I’ll likely go neutral these … Continue reading
I am going to buy 30% of a full position in the TBT @ the market The real risk is one dollar. To that end we will start small.
Silver just hit DL’s first support @ 39.50..the point & figure shows possibly over extended 39.25 first time down. Spu just hit some resistance @ 1308 The 30 Yr. Bond High was a tick shy of Dr. Nenner’s model # … Continue reading
Futures traders…We have nibbled on the LONG SIDE OF THE EURO AND THE S&P 500 FUTURES DOWN HERE after the stops were run under 1335… We are presently Long Both
Short term traders can give the Euro a try from the long side here. Do not risk more than 10 ticks below the low. Consider this a Risk On trade after the flushing of the weak longs out of Europe … Continue reading
103.22-102.50 This is the major hold level for this instrument. It represents a 50 % re-trace of this past swing
143.30-50..EUR/USD Just as price action yesterday over this level kept the stock indices firm, this level becomes a good market tell ( Risk ON) for today’s trading as well. All new price action under this level is needed to weaken … Continue reading
We have added some more Risk to our portfolio. Depending on your time horizon, Day-Traders more than likely have no position, so trade from the side of the trend (Buy breaks in the stocks and sell rallies in the Bonds … Continue reading
First DR. Nenner has been hot with his calls across a lot of asset classes. There are two closing, go long over, signals presently in play.The First is GO LONG on a close over 143.30 in the Euro . Looking … Continue reading