Tag Archives: Spu/Bonds
Time Frame Trading
Spu/Bonds are flirting with the 200 day moving average. Both the Spu & NASD Futures are into near term resistance. GDX…the miners should reject 45.90-46.25 the first time up. ECA…needs a close over 21.18 for higher The technical areas written … Continue reading
A.M. Look 5/29/12
Crude Oil…The levels have not changed. 91.70 will be pivotal with 92.45 next resistance. OXY… by maintaining higher on the week, expect an attempt @ 82.67 followed by 83.45…the risk is 80.20 Nasd 100…resistance is 2592 followed by 2626 EUR/JPY…99.68 … Continue reading
A.M. Look 5/25/12
AUD/JPY…77.80 was last weeks close. We need all new strength over this level for upside. AUD/USD…sustaining above 98.15 will be positive. The spread ( forwards) to futures is now app 20 point discount. Spu/Bonds…are trying to poke their head up … Continue reading
Spu/Bonds Daily Chart
Price action through this recent high in the spread of 89.60 will lead to another assault on the 200 day moving average of 9025. Once convincingly through, you have room for another couple of figures in the spread.. This is … Continue reading
A.M. Look 5/24/12
Crude Oil…all new price action over 91.70 is needed for higher. Gold…look for the mid to high 1570’s to be tough zone. GDX…as well as some names like NEM put in ORH days yesterday. As of now they look to … Continue reading
A.M. Look 5/23/12
Crude Oil…only a recovery and a close over 92.45 is positive. Just below 90 is the next level to potentially trap new shorts. Metals…Platinum and Gold need to hold the lows seen last night to avoid more selling. Platinum is … Continue reading
A.M. Look 5/22/12
Russell…needs sustained and closing action over 76300 to attempt 77500 Nasd 100…2575 is Fib resistance Spu’s..1334’s is Fib resistance with a major hurdle @ 1322-25 30 Yr.Bonds…147 will provide the clues for the next swing here as well as the … Continue reading
A.M. Look 5/21/12
Euro..put in an ORH day on Friday. It retested 127.52 last night. Holding this level can lead to 128.80 ish on an initial rebound. GBP/USD…sustaining over 158.40 will lead to an attempt at a figure rebound here as well. AUD/USD…This … Continue reading
A.M. Look 5/18/12
Short pretty much everything/Long Gold has been the complexion of the board for the past 2 days. Everyone is waiting for Facebook to save the market. Pay attention to the opening range trade here! Sustained price action below its opening … Continue reading
A.M. Look 5/17/12
Rallies to nowhere. Sell rallies not breaks until this plays out. The patient Day trader will be able to make money from both sides of the market. We’ll look around the board this A.M. to see if there are any … Continue reading