Tag Archives: S&P 500 Futures
A.M. Look 3/5/13
Spu/Bond…is trading once gain at a key mvg avg that broke the Spu’s 40 points the last time it failed at the avg..It’s not an inconsequential level. One again it will act as a big mkt pivot. 30 yr. Bonds…point … Continue reading
A.M. Look 3/1/13
Spu’s…keep it simple..yesterday’s high in the Spu/Bonds was just shy of the 18 day mvg avg..This is running the show! 1506 is pivotal…sustained price action above yesterdays close is needed to try higher. 30. yr.…the numbers haven’t changed. Euro.. short … Continue reading
A.M. Look 2/28/13
General Comments… It’s month end…the markets seem relatively quiet this A.M. Spu’s show 1519.25 as a potential double top. This level could to lead to some possible back and fill price action, however we wouldn’t be looking for much. The … Continue reading
A.M. Look 2/27/13
AUD/JPY….94.40 is pivotal…only price action above 95.75 would be price positive. Yesterday’s low of 93.09 is point & figure support. New price action below will leave room to achieve the first macro fib of 91 +- a few. AUD/USD…sustained price … Continue reading
A.M. Look 2/26/12
EUR/JPY…122.36 is key resistance and the upside pivot. AUD/JPY…95.27 is resistance. recovery over 95.66 is needed for higher. Under 93.63 look for another figure lower. USD/JPY…was a classic after the Chicago pit close, sweeping of the stops, by the bots. … Continue reading
Position Update!
We’re exiting the SDS and the TLT today. We will use this break to exit relatively unscathed and clear our head. We’re willing to give this a little more timethis A.M. to get back closer to our entry levels, however … Continue reading
A.M. Look 2/25/13
Full Moon Trading… Euro…132.82 is first resistance with 133.15-30 being a key closing level for more upside. EUR/AUD…128.80 is closing resistance EUR/GBP…87.70 ish is resistance…sustaining above, look for another figure. Oil…94.46 is the pivot. Nasd…sustaining above 2758.25 is price positive. … Continue reading
Risk Off….Trade Alert!
We will honor the chart patterns in the Currency Crosses and the Midcap 400. We’ll start a short position… BUY SDS MOC ( Market On Close)
Yen Crosses
AUD/JPY…is into mvg avg support @ 9600 + a few. A close below 96.45 puts in an ORL. 96.39-45 becomes a big pivot. EUR/JPY…124.53 is the ORL #. Short term stops have been elected, however a good close below this … Continue reading