Tag Archives: Risk On Trades

A.M. Look 1/27/14

Stocks… Spu’s…1800 is the qtrly pivot. Short term traders should be using this level for market tone. This is where you look for market follow through to the upside. A lot of technicians were eyeballing the low 1770’s as support. … Continue reading

A.M. Look 1/21/14

Stocks… Spu’s…the long term point & figure shows we still need to sustain higher on the year for new upside tgt’s. EWP…39.76 is support and the downside pivot. BRKA…17,100 is the 200 day mvg avg and support.   Nikkei…put in … Continue reading

A.M. Look 10/3/13

Stocks.. Spu’s…are caught between 1673-1692 waiting for our fearless leaders to do their jobs! Bonds FX… AUD/JPY & EUR/JPY….are both up at short term resistance. AUD/USD…needs a good close over 94.25 to lead the AUD/JPY cross. Commodities… Precious metals…investors trading … Continue reading

A.M. Look 9/18/13

Commodities… Gold…1270’s can trap new shorts. Silver…below 21.40 20.85 is the next Fib zone. The long term point & figure chart shows the possibility of 20.40-60 today with a “Risk On” board late day. WTI…Crude (Oct)…104.40-60 should bounce the first … Continue reading

30 yr. Bonds…Pattern Alert !

30 yr. Bonds…the pit session is attempting a daily ORH with a close over 132.28. The all session chart needs a close over 133.16 for this pattern. In any event 133.23-25 is resistance the first time up. We pointed out … Continue reading

Midday Missive

GLD ETF…expect price rejection anywhere close to 122.88 the first time up.( App 1275 August “Q” Gold. Do not try to buy strength into this level. This instruments is buy on dips, not on strength. A close over 123.91 would … Continue reading

Risk On?

A lot of you guys are bottom fishing. I think you are better off mindlessly trading the levels and Time Frames. You’ll need a close today below 18.25 in the cash Vix to line up with a temporary low in … Continue reading

30 Yr. Futures…Stock Indices

30 Yr. Futures…141.03 should be your focal point for the rest of the day! Sustained price action below will have the Equities rallying and the Bonds being sold. Big “Risk On” price action ETF Traders… the TBT does not line … Continue reading

Position Update…Stop Adjustment

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

30 Yr. Bonds…TBT

Now that the 30 yr. has broken down, confirming it’s ORL patterns, you should be in “sell the rally mode” until we regain today’s high of 147.08. (that would require significant weakness in the Equity Indices ) Short term, there … Continue reading