Tag Archives: Spu
A.M. Look 9/21/12
USD/JPY…our tgt for this swing is 120 (Z) +-25 points in the Futures. app 83.30 CAD/JPY….83.20-50 should match up with the straight USD/JPY around 83 AUD/JPY…remains firm by remaining over 84.50 GBP/JPY…133 is next. A good close over this level … Continue reading
A.M. Look 11/20/12
Oil…88.40-60 is where the acceleration took place yesterday and is now support. 90.45-85 is the next hurdle zone with Fib and mvg avg resistance. 30 yr…this is the key to today’s trade. By violating and remaining under 151, there is … Continue reading
Spu’s
Futures Traders…the likelihood of rallying 40 points to the 200 day and extending the first time up through 1380 is not a high probability. The market needs to breathe and back and fill first. Trade accordingly!
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A.M. look 11/19/12
USD/CAD…price action under 99.85 should help with a Risk On Board. ( App 100.10 Futures) OIL…86.65 will be a short term pivot. With a Risk on board, look for 88.60 and then 90. 30 Yr….150.15 should still be good hold … Continue reading
Price Action…ORH’s
Spu’s…maintaining over 1358.20 ( the daily ORH) should initially lead to 1364-67. Nasd 100…needs a close over 2541 for an ORH AAPL…We’re Long the call spread. If you didn’t start…do some now.
A.M. Look 11/16/12
GOOG… 633 ish +- 5 points needs to hold on a break. Most analysts will be watching 638-40 but I want some leeway. AAPL…495-505 is the area we’re going to BUY the Feb 550/575 call spread. We’re going out to … Continue reading
A.M. Look 11/15/12
EUR/JPY…103.46 is the weekly ORH level that this cross needs to maintain above for further Yen weakness from this level. Spu’s…1364 & NASD 2540 are the short resistance levels. Price recovery over these areas are needed for any kind of … Continue reading
GDX…Miners
The miners are retesting their last breakout of 48.40, which is also the 200 day mvg avg. The weekly charts show that 47.63-83 is the lower risk buy zone with a tight stop. Spu’s…sustaining over 1367.50 will run out the … Continue reading
A.M. Look 11/13/16
USD/JPY…keeps holding the 200 day mvg avg @ 79.68, App ( 125.68 Z Futures) This level should be monitored for direction on the crosses. General Comments… The board has not changed, It’s still trading Risk off. Today should continue to … Continue reading