Tag Archives: Spu

A.M. Look 12/19/12…W/ Oil Trade Alert!

Euro…as long as the Euro stays over 131.30 close it will stay firm with a tgt around 135. Yen…as long as the Yen futures do not close above 119.80 it has a destiny with lower prices. Oil…we’ll look to add … Continue reading

A.M. Look 12/18/12

30 yr.Bonds…expire today. 146.05 was the Oct. low and close to our last short exit. closing under that level will keep the Bonds under pressure until year end. We’ll monitor the price action for a possible short in the 30 … Continue reading

A.M. Look 12/17/12

Gold…we’re still alive, however this will need to sustain and close over 1702 for higher. The stop remains… 1687 intra-day all session (GTC) good till canceled. Oil…the range is tightening. Price action below 86.30 will find new sellers, however we … Continue reading

A.M. Look 12/13/12

Gold…needs to hold right in here where we originally purchased it. Platinum…needs to maintain above 1600. We looked at platinum because it’s a risk indicator. Nasd…needs a close over 2700 for higher. It’s presently wallowing around the big mvg avg’s … Continue reading

IBM

193.14 is the ORL # Look to match this up with the low 1420’s in the Spu’s

Equity Indices / downside….Bonds/ Upside

Spu’s…1423-21 is the key closing level. Price action under this level the first time down should be suspect. In other words it needs to maintain and stay below this level for a deeper correction. Nasd…2663 is the corresponding level Midcap…100630 … Continue reading

EP_US_Daily_Continuation.gif…Spu/Bonds

We’re approaching the qtrly downtrend line in the spread. Again this shows Long Equities ( S&P 500 Futures) vs short 30 yr. Treasuries ( 30 yr. Bonds). This will be the chart of the day and the road map for … Continue reading

A.M. Look 12/12/12…w/Gold Trade Alert!

Spu’s…potential double top @ 1434.25. Look for this to move in 8-10 handle increments. EUR/JPY…108 is the weekly ORH #(this is a Friday closing level). Price action around this level should be monitored for Risk On/Risk Off paradigm. Higher prices … Continue reading

A.M. Look 12/11/12

Goog…there are weekly stops under 682 with 678 the first fib support. 665–670 is a higher probability level to look for a bounce. PCLN…619 was last qtr’s close. Below here we’re looking for the low 590’s. AAPL…nothing has changed. Closing … Continue reading

A.M. look 12/10/12

Euro…128.46 followed be 127.50 ish are the relevant support levels. 30 yr. Bonds..we placed orders to sell on Friday @ 152.14-17 (H).  Cancel these orders, however we will look to sell them at this level if and when they get … Continue reading