Tag Archives: Spu/Bonds
A.M. Look 3/22/11
Nothing is doing in the markets except for the Dollar getting beaten up again. This theme should maintain until month end. 101.60-70 AUD/USD will be a big closing pivot. You can sell against this level to see if you get … Continue reading
A.M. Look 3/17/11
Just a follow up to the yen piece last night, USD/JPY is in a 40 year bull market! The levels in the crosses given last night were retested and rejected. Markets can go directionally farther than you have money to … Continue reading
TBT…30 yr. Futures
If the S&P starts printing over 1264 late in the day I will start bottom fishing in the TBT for a 20-25% piece. We were originally hoping for the low 34’s. The Number set in the Spu is as good … Continue reading
Meltdown?
Short term traders should be aware the big zones and the matches based off the (H) 30 yr. Bonds for reactions in the SPU/BOND spread. The march bonds could get to just over 126 on a panic and complete the … Continue reading
A.M. Look 3/2/11
Pick a side today and trade your technical levels with tight stops. Oil will continue to drive the equity markets in the near term. The only stand out pattern on the board from last night was the 30Yr. futures finally … Continue reading
Spu/Bonds…Full Moon Trading
11207 is a 50% re trace of the past 4 years also matching a fib from the 1987 crash. Needless to say I think it’s a significant zone. We are looking to sell the SPU @ 1349 (H) ( Buy the … Continue reading
Spu/Bonds
It’s all about this spread the rest of today into tomorrow. Price action in the 30 yr. will pressure the Spu.
CAT…IBM…GE
Price action under 98.70 is needed to run out the weak longs in CAT. IBM…Sustained price action back below 164.20 is needed here. GE… The price tgt. is about a dollar higher.. In the meantime do not fight the Spu/Bond … 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 1/31/11
Early Asia showed us all the extremes ( highs in the gold ,silver,oil) (lows in the Aussie,Euro,Spu). It’s the last trading day of the month! Not a good idea to fade the monthly directional flows today. The flow is long … Continue reading