Tag Archives: Spu
Reality Check
The Spu’s & Nasd are at my qtrly pivots…1333…2540 After 6 weeks the sky is still falling and we have done nothing in the U.S. markets. AAPL…for the active trader..I’m eyeballing the July 27 calls…This would give you upside with … Continue reading
A.M. Look 7/23/12
Spu’s…1342 30 Yr. Bonds…153.00+- a few Euro…120.70 EUR/AUD…117.93 is the ORH # EUR/JPY….got within 20 points of it’s projected tgt. Wheat…9.166 is the ORL # General Comments… The #’s above tell one story, it’s the match game. The Bonds are … Continue reading
A.M. Look 7/20/12
Copper…holding above 346 should be positive the board. Oil…could break back to the high 80’s and it would be meaningless. Spu’s…need sustained action under 1364 for any downside. General Comments… We’ve seen a little profit taking in the Oil and … Continue reading
A.M. Look 7/19/12
Spu’s…1375..1381.50 is the horizontal resistance. We presently need price action back under 1363 for this to be an interim high. Price action under 1370 is needed for any signs of this directional flow abating. Midcap…closing over 96000 will lead to … Continue reading
SP_-_S&P_500_(Pit)_Daily_Continuation.gif
The horizontal lines are resistance levels the first time up. 1375.40…1381.30…1385.30
A.M. Look 7/18/12
Welcome to the Mid-Week Shuffle… Copper…347 will be a pivotal level for tone on the Risk paradigm General Comments… Euro continues to be the easier short on rallies for the Risk Off crowd. Markets in general are winding up for … Continue reading
Luncheon Strategy?
Spu’s…just as a close below 1343 is viewed as negative (ORL), a close above 1352 puts in an ORH day. Closing strength over 1357 is needed for higher prices. Nasd 100…2562.50 is the Pit ORL…2585 is the Pit ORH.. Now … Continue reading
The Big 3…Spu..Nasd 100…EWZ… Pattern Alert! + Euro
All three are attempting ORL days. EUR/USD…needs a close below 121.75 Watch the levels late day and how they react against yesterday’s lows on any rally intra day! These are Risk Off Patterns… … Continue reading
A.M. Look 7/16/12
Soybeans…(X) Nov. we’re looking for a 16.30 print. Sustaining over 16.50 could lead to another dollar up. Corn…7.55 will be pivotal. Natgas…closing above 2.95 or under 2.70 is needed for a breakout. Cotton…put in an ORH week by closing over … Continue reading