Tag Archives: Spu
A.M. Look 10/19/11
The levels in the S&P have not changed. 1230 then 1253 is next on top. The Dow is unchanged on the year, the Nasd is up 140 points, with 1253 being last years close in the S&P. The dips in … Continue reading
Equity Traders
The entire trade is reacting to levels off the Bonds and the Bund.. Pay attention to your big technical levels for market tells.. Remember… the game has been the spread ” long equities / Short Bond” 135.80 -136 is a … Continue reading
Day Traders…AAPL
The SPU levels are not unknown. 1215… This # represents 50% of the year. We’re smack dab in the middle of the yearly range. Closing below 1205 +- 2 points is price negative the indices. This is the lowest risk … Continue reading
A.M. Look 10/17/11
It looks like reality is setting in on this equity rally. The first chink in the Armour was AUD/JPY last night off the 80.00 level. That completed an 8 figure move off the last lows ( an average standard deviation … Continue reading
Utilization Note
Utilization Note… We try to write levels in instruments that we feel are germane to the capitol flow of the entire board. In other words, a particular number or level which we feel will effect a wide array of asset … Continue reading
A.M. Look 10/14/11
We’re back at the extremes of Wed.: AUD/USD ( 102.80-103) … “the upside pivot.” Low 138’s in the 30 yr… near term support Euro.. a potential double top @ 138.30-40. Closing above the cash levels in the Aussie and Euro … Continue reading
EWZ….Brazil…Risk Parameters
The average entry ( Buy…Go Long Brazil) was app 56.60.. Many got in around 56.20 when the trade recommendation went out. The original stop was 55.40 intra-day… Raise your stop level to your “entry level” on a “closing basis.” If … Continue reading
Crude Oil…Dec Point & Figure
84 looks to be a big pivot on this chart going into the EIA Petroleum report at 11 EST. Every trade is the same trade….weakness here should translate into further weakness in the equity indices. Watch for market tone…
A.M. Look 10/13/11
We finally got a pullback in the equities, which is necessary for more upside. Instruments rarely go in a straight line with out some sort of relief. Now the question becomes, “is this enough of a correction or are will … Continue reading
Price Action
The long S&P short Bond spread ( SPU/BOND) is tired on the daily charts . AAPL has put in a good high for today. AAPL looks to want to re-trace to 388.50. If AAPL starts lower after 2:30 central, you … Continue reading