Tag Archives: Spu
A.M. Look 4/23/12
Here we are, right back to last week’s low in the Equity Indices. Looking at the board, most every trade is the same trade. It’s a “Risk Off” Look. AUD/JPY…EUR/JPY…SPU/BONDS…DAX/BUNDS NASD 100…mid 2630’s will be support and a possible bear … Continue reading
A.M. Look 4/20/12
Energy contracts expire today. Both May Oil & NatGas stop trading today. We’ll start to pay attention to these instruments for opportunity. Euro…there are resting stops over 132.14. A close over this level puts in an ORH weekly pattern. EUR/JPY…is … Continue reading
Hamsteritis…w/ Trade Alert SDS
This is simply defined as scalpers disease. I’ve just taken my Meds again for this… It’s still our view that this is a big time failure up here in the Nasd and the Spu’s. Our medium term thesis is still … Continue reading
30 yr. Bonds…w/ SDS Closing Trade Alert!
The Bonds are not following through to the upside above 142.10. Meaning, I have chosen unwisely to be short the Equity Indices given the price action in the SPU/BOND spread. We’re stopped out of the QID…Let’s exit the SDS as … Continue reading
QID/SDS ….Trade Alert!!!
We’re BUYING SDS & QID @ the market. This is a short SPU & Nasd 100 Futures trade. Pros sell rallies in the futures against 1390 Spu/2730 Nasd 100 The stop on the ETF’s is yesterday’s Low.
A.M. Look 4/19/12
Spu’s…are stuck between 1375-1390 on top. NASD 100… same deal…2700+- and 2730 on top. USD/JPY…81.88 ( app 122.25 Futures) should be your focus for further price action. We previously identified (123.25 Futures.) as a significant level. That was last night’s … Continue reading
A.M. Look 4/18/12
USD/JPY…81.88 is the weekly ORH #. A close over this level Friday leaves room for a large move up in this Dollar. Yen Futures line up slightly different with a close under 122.25 needed for the ORL. Sustained price action … Continue reading
Equity Indices
The current highs are short term overextended. It remains to be seen whether we can continue to rally from these levels in both the SPU (1388.50) potential double top from last week and NASD Futures (2730) level. We’ll wait for … Continue reading
Short Equity Indices…Position Update/ W Trade Alert!
We are Stopped out of our remaining short Spus’. A close above 2693 will have a close out the remainder of our Long Qid/Short Nasd
Spu…Pattern Alert
A close over 1375.25 Puts in an ORH all session day. Intra day price action over this level will have the shorts running for cover.