Tag Archives: Spu/Bonds

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Posted on 01/28/2013

30 Yr…142.28 is the fib tgt we were looking for 3 weeks ago. We’re getting close… Spu/Bonds…are encroaching on a big monthly level.

A.M. Look 1/28/13

Posted on 01/28/2013

USD/JPY…the Yen needs sustained and closing price action below 90.28 (above 110.79 futures) to signal the start of a bigger change in the Yen crosses. USD/CAD…101 ( 98.89 Futures) is the level to monitor for a potential weekly double bottom … Continue reading →

A.M. Look 1/25/13

Posted on 01/25/2013

One of the brightest and innovative figures in the trading world, the greatest man I’ve had the pleasure to have known and a Hall of Fame Human being, was taken from us Wednesday in a tragic traffic accident, His name … Continue reading →

TBT

Posted on 01/15/2013

From a purely technical look, those wishing to be short the Bonds via Long the TBT double short ETF,  can buy this for a short term trade against 63.65. This has to maintain above this level, moreover you would not wish … Continue reading →

Price Action

Posted on 01/14/2013

Oil…closing below 92.65 puts the entire board in a defensive mode. Equity Indices…you’re seeing no help from the financials after reaching their upside tgt’s. The rest of the day will be a time frame trade. We’ve seen this type of … Continue reading →

A.M. Look 1/14/13

Posted on 01/14/2013

Euro…is doing a 2 year swing. We expect to see 135. EUR/JPY…resistance is 120.60 AUD/JPY…. As long is it remains higher on the year, this cross remains an attractive buy on any descent pullback. Oil…as long as Oil remains above … Continue reading →

A.M. Look 1/10/13

Posted on 01/10/2013

Oil…94.56-80 is resistance. 95.25 ish is next. Only a couple of closes over this level will confirm more up. Aussie Futures…105.33-44 is resistance with this being a pivotal level for more upside. AUD/USD…105.87 was the Dec. high. We need to … Continue reading →

A.M. Look 1/7/13

Posted on 01/07/2013

30 yr. Bonds…. 145.31-146.09 being the rejection zone the first time up. TBT…65.08 is the 200 day. 64.68 is where the trailing stops are with 64.57 the first fib zone. This looks attractive around 64.60-70 for a bounce. NASD 100…2682 … Continue reading →

A.M. Look 1/4/13

Posted on 01/04/2013

Silver…29.83 is the weekly ORL #. Failing to recover early and sustaining back over this level can give way to the low 28’s Gold…1654.10 is the matching weekly ORL #. 1637.60  was the Dec. unemployment low with stops below. 30 … Continue reading →

Nasd 100…Spu’s…Gold Pattern Alert!

Posted on 01/03/2013

Closing below 2711 Nasd 100 puts in an ORL day. The Spu level is 1444. This pattern if completed would be negative the Equities. The higher yields..lower Bond futures is creating the flight to the Dollar and the selling of the precious … Continue reading →