Tag Archives: Spu/Bonds
Risk On?…GDXJ
Looks like the S&P wants to show us the 1170’s today. Buy the GDXJ @ the market with a 34.30 stop.
S&P 500 Futures
1176.70 will become pivotal support the first time down today. A weekly close (Tomorrow) over 1206.75 is needed for an outside reversal week to the up. In the meantime trade what you see…you’ll get your opportunities both ways again today. … Continue reading
S&P 500 Futures…U.S. Dollar…SPU/BONDS
So far it’s been an opening range trade. Sustaining above this level (low 40’s)…1160.50-1182 is the area that crushes the longs again and will provide Bears with a place to look for reversals and selling opportunity. If we see these … Continue reading
SPU/BONDS…General Price Action…GS
The first question: is today’s high in the Bonds and the Low in the S&P it? We know that it was a great place for a reaction trade, the Bonds will now try to seek out an eventual 138 print ( which … Continue reading
Price Action SPU/BONDS
Day Traders… I am personally in no mood to bottom pick, however I would pay attention to the 1150 level in the Spu and 139.18 in the 30 Yr bonds to see if any contra trend trades are generated off those levels … Continue reading
30 Yr. Bonds…Day Traders
The 30 yr. needs back over 138.15 to rally again. Pay attention to the SPU/BONDS spread !
8/9/11
Last night’s lows in the Oil came very close to completing a 50% re-trace from the 2008 low of $33. Aussie…102.88 will become pivotal.. The SPU & NASD will continue to be highly volatile….SPU/BOND spread was almost enticing last night … Continue reading
8/8/11
The S&P retested Friday’s low early last night putting in a double bottom pattern on the point & figure charts. If this area is violated we will start moving in roughly 20 point increments, possibly as low as the mid … Continue reading