As shown on the charts the Spu/Bonds are at the 50% of the past 5 years. We’ve been here before and this is a go or no go area. 145.31 (H) Bonds will now becomes a key focal point for … Continue reading
We urge every investor to review the names they are interested in before the game starts in the A.M. Spu’s…1428-34 is the near term support area. Closes over 1446 put this on a positive footing with closes over 1462 confirming … Continue reading
Spu’s…1360-71 is the level down to watch for bounces below the 200 day (app 1386.50 Pit) Nasd…2559.50-2539 is the level to look for bounces. These levels as well as the Spu #’s are better exit zones the first time down … Continue reading
Title…It happened one night or Boner gets Boned!!! It’s the Rocky & Bullwinkle show. That was the type of price action in the E-Mini’s have not seen since the Flash crash, although this one was only a mini…50 handles, they … Continue reading
Oil…91.45– 92 is the next significant resistance area. 30 yr. Bonds…we are going to sell the Bonds “which = buying TBT” with a tight stop…at the 147.14-20 level. We want to start small with a 25% position. Euro…held macro pivots … Continue reading
Euro…as long as the Euro stays over 131.30 close it will stay firm with a tgt around 135. Yen…as long as the Yen futures do not close above 119.80 it has a destiny with lower prices. Oil…we’ll look to add … Continue reading
Gold…we’re still alive, however this will need to sustain and close over 1702 for higher. The stop remains… 1687 intra-day all session (GTC) good till canceled. Oil…the range is tightening. Price action below 86.30 will find new sellers, however we … Continue reading
Gold…needs to hold right in here where we originally purchased it. Platinum…needs to maintain above 1600. We looked at platinum because it’s a risk indicator. Nasd…needs a close over 2700 for higher. It’s presently wallowing around the big mvg avg’s … Continue reading
Spu’s…1423-21 is the key closing level. Price action under this level the first time down should be suspect. In other words it needs to maintain and stay below this level for a deeper correction. Nasd…2663 is the corresponding level Midcap…100630 … Continue reading
We’re approaching the qtrly downtrend line in the spread. Again this shows Long Equities ( S&P 500 Futures) vs short 30 yr. Treasuries ( 30 yr. Bonds). This will be the chart of the day and the road map for … Continue reading