Tag Archives: Spu
Things to watch end of day…
CAT…a close over 80.80 AAPL..closing back over 605-6 Would screw the most amount of people. Oil…price action over 86.40 would lend support to the indices. The end of the capital flow going into London’s close saw the reversal. Unlike yesterday … Continue reading
A.M. Look 7/12/12
Spu’s…as long as the Spu’s don’t close back over 1341 the board will trade Risk Off. Closing today under 1333 will be negative and have us looking for another 40 points of downside. 1324.50 Spu matching Nasd 2540 can be … Continue reading
A.M. Look 7/11/12
Welcome to the Mid-Week Shuffle… Oil…83.00 +- 10 ticks is a key Fib level which we failed to reach yesterday. The oil never acted as bad as the Equity indices yesterday. 85.20 ish looks to be the top of value … Continue reading
Russell & Midcap 400 Pattern Alert!
The Midcap @ the 18 day and the Spu printing 1333 is all I need to see for now. It’s late in the day so beware the Bots! CYA time! Tighten up your risk parameters.
A.M. Look 7/10/12
Spu’s…1338…1357…1381…Pick a # and pick a side. Oil… is setting up to break this range. This will be a price action trade based off the Risk paradigm of the entire mkt. General Comments… Trade what you see. Model Trading Portfolio … Continue reading
A.M. Look 7/9/12
Gold…is in an 80 dollar range. Traders of this metal should be aware of the Eur/Gold spread. EURO…The Fibs on the Point & Figure chart are for the life of EUR/USD, not the extrapolated old D-Mark. 30 yr. Bonds…Friday saw … Continue reading
A.M. Look 7/5/12
USD/JPY…79.20 ( 126.40 Futures)….80.10 ( App 125 Futures) is the trading range. Monitor these levels for a breakout. 30 yr Bonds…are in a 2 point trading range. leave the stops as is in the TBT. We’ve seen where the Bonds … Continue reading
S&P_500_(Pit)_Daily_Continuation.
Spu‘s stopped right at resistance… Keep an eye on the SPU/BOND spread for the next move.
A.M. Look 7/2/12
Full Moon Trading…. July Soybeans…expire today. November (X) is now the most active future. Spu’s…need all new closing price action over 1362 for more upside. AUD/JPY…82.50 is a significant resistance level in this cross. Resting stops are just above 83.30. … Continue reading