The Soybeans pattern shows a double bottom on the weekly charts and will put in an outside reversal week to the upside with a close over 13.52 PIT close, however the big challenge is to close over the closes of … Continue reading
The yen crosses are telegraphing more risk on trading early. A weekly close over 116.94 in EUR/JPY puts in an outside reversal pattern to the upside. This area along with 123.80 in the USD/SGD ( Singapore Dollar) needs to be … Continue reading
There is not much to say this a.m.except we’ll use the stops listed last night for our SPU/BOND spread as intraday #’s. The Euro, Aussie,and AUD/JPY are flirting either side of unchanged on the week, and as of now, seem to be a … Continue reading
The bargain hunting continues after last weeks sell off. We now have no current positions. Our trailing stop in the Aussie Dollar was elected on the close yesterday. Silver resistance is 39.75-40.00 dollars ( a 30% bounce off the recent low). 1520 … Continue reading
You have a possible short term double bottom at 1258 (H) futures. leave your remaining trailing stops on all your long instruments as previously stated. We are NOT putting any more “risk on” trades just yet. The currency lows are … Continue reading
Our bets have been placed. Hopefully, you longer term investors took down most of your “risk on” exposure. The stops have all been paid for across all asset classes that we are involved in. Leave all your closing stops working … Continue reading