Tag Archives: Russell
Equity Indices
The indices seem to have bottomed for now. So the first step is to manage our shorts ( long ETF’s like SDS). We’ll await further price action tomorrow before we close out these positions. We’d like to see confirmation that … Continue reading
Russell….Nasdaq…Short Etf’s
RWM ( Russell)…PSQ ( Nasdaq)…These are two short ETF’s. For guys that are uncomfortable selling rallies in the futures, these could be a way to play the downside while minimizing your risk and still being able to sleep at night. The Nasdaq futures … Continue reading
BTU…OXY…FXI…EEM…EWZ…BHP…AUD/USD…Metals…Russell
The following instruments are working on putting in outside reversal higher weekly closes. ( price positive formations) Closing #’s are as follows: BTU…61.18 OXY…103.85 FXI… 44.19 EEM …47.84 EWZ….73.61 BHP…95.66 Russell…839 The picture being painted is a very big RISK … Continue reading
Pattern Alert…Russell…Dig
A close for the Russell above 81890 puts in an outside reversal day to the upside. A close for DIG ETF ( ultra oil & gas) puts in an outside reversal day to the upside. This one comes with a … Continue reading
Pre Unemployment Patterns…Risk Off
These levels do not change so please keep them. I will not re-visit these in the a.m. The crude just gave back 50% @ 99.40 of this years move and still going. I’ll start looking another 4 dollars lower for … Continue reading
A.M. Look 5/5/11
Yesterday we nibbled on some Gold and Silver ETF’s.. Ouch! It’s painful to be early! The pain is only mitigated by the Short Aussie we hold against them.Silver needs to show some kind of a reversal in the next couple … Continue reading
A.M. Look 5/3/11
It will be interesting to see if yesterday was indeed the end to the happiness created by the Fed. We got outside reversal days to the downside in CAT,Russell,Midcap along with a big time technical high in the Aussie. We’re … Continue reading
Spu..Russell..Midcap
Midcap 100770 a close below puts in an outside reversal day to the downside. Russell 85860 a close below puts in an outside reversal day to the downside. Only the Spu lag..
A.M. Look 4/6/11
We are staying with our original game plan in the equity indices from yesterday. A close in the Nasd futures ( 2350) or a close in the QQQ above 57.50 and we will initiate new long positions. A word of … Continue reading