Tag Archives: sds
Now What?/ Position Update…Trade Alert!
PCLN…AAPL have given the market the big flush. AAPL…595-600 will now act as the upside pivot. They don’t have to any more downside damage today. NASD…You should have lightened up at the levels based off the Futures not the ETF’s. … Continue reading
A.M. Look 4/16/12
EUR/JPY…is a key feature of the board. This cross put in a ORL day on Friday right into the 200 mvg avg and is following through to the downside. 104.40 ish…then 103.50 are the next support levels. As long as … Continue reading
SDS…Pattern Alert
A close tomorrow over 15.44 puts in an ORH week. We would view this as confirming a top in the indices. Sell rallies the rest of the day in the equity indices..NASD 2750 is the level to manage your shorts. … Continue reading
The Lemmings are Running!
The Lemmings all found the sell button at the same time. Are the highs good enough for a big market top? Yes, close enough in the Nasd with the S&P 500 Futures completing their swing count yesterday @ the 1420 level. All … Continue reading
Position Update…Spu’s…SDS
We will be closing the remainder of the above positions by the NYSE close today, if prices maintain the current levels. Watch your closing stop levels, we will not be in front of a screen to send another reminder! Closing … Continue reading
A.M. Look 3/8/12
SPU’s…price action over 1366 will have us seeing more “Risk On”. We need to see price action back under 1360 to entertain keeping our short S&P’s and long SDS. We’ll monitor this for a little while this a.m. We’re not … Continue reading
General price Action
The value shoppers have been out all day. The Spu’s can trade 1358 and fail. Closing above the low 60’s will have this analyst looking for prints in the 1400’s. The Spu’s are 50% either side of nowhere right now. … Continue reading
A.M. Look 3/7/12
Today, brings us this months episode of Full Moon Trading, in conjunction with the mid week shuffle. Simply put, with so many technical models ,across a wide array of asset classes, trying to break down or change direction, today’s highs … Continue reading
SDS…Bear Stance…Short S&P 500 Index
As of the close today, we’ll officially be short the S&P 500 with closes at present levels or lower. IF YOU GET ANY TYPE OF A RALLY LATER TODAY, YOU SHOULD TAKE THE OPPORTUNITY TO SELL SOME SPU’S AROUND 1363-4, … Continue reading
A.M. Look 3/5/12
The world is in profit taking mode since Lunch time in Asia last night. Yen…AUD/JPY..EUR/JPY..CAD/JPY..GBP/JPY.. crosses was where the action was last night. Yen Futures put in a double bottom pattern on a weekly chart right out of the gate, … Continue reading