Stocks.. TBT…we’ve lowered our sell order again. Any print in the 30 Yr. Futures today into the 133. teens ( 19,18,17) take some money off the table in this trade! Bonds 30 yr. Futures…the levels remain the same, 134.02 then … Continue reading
Stocks.. Spu’s & Nasd both avoided ORL Patterns. I view this more as a function of the establishment, Long Only Crowd, painting the tape to keep the chart pattern alive. TBT…put in an ORH day with a close over 73.04. … Continue reading
Stocks.. Bonds 30 yr.…still needs to sustain under 134.26.27 for a point lower. The major qrtrly support and closing downside pivot is 133.12-17. 135.27 is resistance and the upside closing pivot. Above here the Bonds move a point at a time. … Continue reading
Stocks.. Bonds 30 yr.…still needs to sustain under 134.26.27 for a point lower. The major qrtrly support and closing downside pivot is 133.12-17. FX… AUD/USD…is weak. Aussie could stop right in here on the Point & Figure chart or go … Continue reading
Stocks.. IEO…price action above 82.40 is positive. DIG…64.30 has to hold for higher XLE…85.60 is the hold level TBT…sustained price action over 72.65 is needed for yesterday’s ORH pattern confirmation. Bonds 30 yr.…135.00 will be pivotal. Sustained and closing price … Continue reading
TBT…is attempting an ORH day with a close over 72.45. 30 yr. Futures…below 135.02 is the #. We’re going to take this signal. We’re looking for a test of 73.70 in the TBT. 30 Yr. Futures… A Full point to … Continue reading
TBT…BUY @ 70.60 GTC 30 Yr. Sell @ 136.27 GTC Keep your eye on the 30 yr. The high was 3 ticks from the Semi- Annual close @ 135.27 “resistance and the first tgt for this move”. The TBT shows … Continue reading
Stocks… EWG…needs to maintain and close above 28.03 by the end of the week for higher. EWP…closing and maintaining over 35.50 is the upside breakout for Spain. As long as this ETF holds 34.75 things are looking up. EWZ…47.95 is … Continue reading
We’ve an open order to sell the 30 Yr. Bonds @ 132.28. The risk on the trade is a close over 133.15. We don’t have a downside tgt in mind yet. We’re looking at this as a purely technical trade. … Continue reading
Stocks.. JJG…looks to test 47.90. Closing over 48.30 will start another leg up. TBT…78.78 is next fib support. The match it up with the 30 yr. levels. EWZ…sustaining and closing over 43.90 resistance, will lead to further gains. IYT…116.00 is … Continue reading