Tag Archives: Spu
SPU…USD/CAD
You’ve seen the re-test of the reversal close of the all session chart of 1313. Let the market digest for the next few hours. The easy money is over for the day. This goes for the currencies as well. The … Continue reading
CAT…3M…MOS
All these names are starting to break out to the upside. We went back to the well one too many times in the SPU. MOS over 82.10 CAT..102.28 MMM…90.73 are the relevant levels.
Spu…OIL
That was a good hold in the oil at 96.17.. We were short the Spu and exited yesterday. Sell a little back with a 1316 stop.
A.M. Look 2/25/11
1314-16 in the Spu matching 43800 (H) Copper is the first Fib match area. Today’s trade will once again be dictated by the oil. As evidenced yesterday, the big macro levels are the only low risk places to play in … Continue reading
SPU…SDS
Time to close out these shorts. You can wait for the close to see if the nasd closes over 2310 or just avoid the pain and take your money.
A.M. Look 2/24/11
We will use a break even buy stop on our short Spu @ 1316. We will be looking to add to this position with a Spu close below 1295. SDS traders, use the futures as your price triggers. OIL…I would expect … Continue reading
A.M. Look 2/18/11
Euro…135.50 will be the level to monitor late in the day. With all the big rallies this has put on against the various crosses the Euro has closed lower for the past 3 weeks, let’s see if they make it four out … Continue reading
A.M. Look 2/7/11
You need to let the morning set up a little more. The Euro is close to the bottom of a 100 point range and needs all new weakness below or above this range to start another move. ( do not … Continue reading
A.M. Look 2/3/11
Spu is now showing a double top on the point & figure all sessions chart @ 1306. 1283.50-1290 will be support and a bear trap the first time down. 30 Yr. Bonds….unfortunately we have no position, however macro stops remain under 119.08-119.00, … Continue reading
SDS
Every once in a while we go into denial as a trader! My time is up! Next time send me an e-mail to remind me to listen to myself. Close this position out. The dummy swing count can take the … Continue reading