Nasd..I am covering all my short NASD @ 2192. If we do not get filled near the close I suggest taking 50% of remaining shorts off in the Nasd…If you get filled on all your Nasd @ 2192 take 50% … Continue reading
It’s the day before equity index expiration,Full Moon with Nasd re-testing the 200 day mvg. avg and Unchanged on the year ( last years close… 2216) Decision time: it’s up to every investor to chose his particular style of trading, do you … Continue reading
EUR/CHF failed to get close to the big short term buy stops yesterday above 123.20 Straight USD/CHF needs all new strength over 85.50 for more Swiss weakness. Translation be wary of selling weakness at these levels in the Euro and … Continue reading
Presently all new strength is needed over 1281 Spu and 2242 Nasd for upside follow through. The same can be said for the 30 yr. low…it’s a decent level to hold for now. Aussie ..shows a double top on the … Continue reading
Yesterday saw us cover almost all current positions. Whether it was our spreads or outright naked positions, we will await further price action to determine our next move. We have a lot of U.S. data coming out over the next couple of … Continue reading
Whichever instrument you chose to short the stock indices, It’s time to take the money on 70% of this trade if you have not already done so.
Currency Futures expire this a.m. at 9:15 central, Canada tomorrow. The June contract goes off the board and Sept Futures will lead for the next 3 months. The Aussie should provide the best trading opportunities over the next few days … Continue reading
S&P,Russell,Midcap,Nasd…(whatever your chosen instruments) we are using stops over yesterdays futures highs on a closing basis to manage our shorts. TBT…same stop as yesterday 32.20 PAAS..Needs to hold right in here. Gold & Silver…The charts in both look vulnerable to … Continue reading
Just a note..The June currency futures expire Monday @ 9:15 a.m. Central Time. Equity index futures ( S&P…NASD 100…Midcap 400…Russell) expire Thursday @ 3:15 p.m. Central. June Bonds and July Oil expire the following Tuesday 6/21. You have noticed that … Continue reading
We are taking 2/3 rds of our JJG off at 59. CORN ETF… Take a piece off @ 48.60..if and when the JJG trades 59 you should be out of all remaining CORN positions SPM ( June S&P Futures) a close today … Continue reading