Tag Archives: Spu/Bonds
A.M. Look 3/5/13
Spu/Bond…is trading once gain at a key mvg avg that broke the Spu’s 40 points the last time it failed at the avg..It’s not an inconsequential level. One again it will act as a big mkt pivot. 30 yr. Bonds…point … Continue reading
A.M. Look 3/1/13
Spu’s…keep it simple..yesterday’s high in the Spu/Bonds was just shy of the 18 day mvg avg..This is running the show! 1506 is pivotal…sustained price action above yesterdays close is needed to try higher. 30. yr.…the numbers haven’t changed. Euro.. short … Continue reading
A.M. Look 2/27/13
AUD/JPY….94.40 is pivotal…only price action above 95.75 would be price positive. Yesterday’s low of 93.09 is point & figure support. New price action below will leave room to achieve the first macro fib of 91 +- a few. AUD/USD…sustained price … Continue reading
SPU/BOND… Daily Continuation
Time Frame Trading… We’re going into London’s close and the spread is at a go or no go area. Short term traders…be patient for the next move…the spread shows that pressing direction at this level is a low Risk/Reward.
A.M. Look 2/13/13
Oil…buy stops are 98.25. With inventories today you could see these elected. Look for this to move in 80 cent increments. 30 yr….are at the lower end of the recent trading range with the daily ranges close to a point. … Continue reading
A.M. Look 2/12/13
USD/JPY…point & Figure shows a double top ( Bottom in Futures) @ 94.40. Our downside tgt of 106.20 futures/ 94.16 USD/JPY has been reached. 105.32 Futures is the next level of interest. EUR/AUD…as long as this remains over 130.40 this … Continue reading
30 Yr. Bonds & Gold
30 yr. held initial support @ 143.09. daily & weekly maps show 144.09-11 will be resistance and a key closing area for higher. This will be an important driver of the SPU/Bond spread today. Gold…we’ve put in the very long … Continue reading
30 Yr. Bonds…Further comment
142.20 will be pivotal when the CME Opens @ 7:20 CDT. While, you saw follow through from the ORL pattern in the all session last night, the pit ( Chicago Day Session) shows the possibility of a double bottom @ … Continue reading
A.M. Look 1/29/13
Silver…31.22 is the short term resistance. Gold…1667-70 is daily resistance 30 yr. Bonds…needs above 144.02 for higher. Spu’s…need to get under 1489.50-90.50 for more downside. Yen Futures…anything close to 111 will be difficult +- 10 points. The Yen crosses all … Continue reading
A.M. Look 1/30/13
Oil…98.09-25 is resistance and the closing upside pivot. A couple of closes over this level will be needed for more upside. 30 yr….recovery over 144.02 is needed for a trad able low. Monthly stops are under 141.30. Euro…Eur/Aud…have all come … Continue reading