USD/JPY…needs under 101.85 “app 98.15 in the June Futures” to see much profit taking. 30 yr. Bonds…sell stops are143.16. The next set of macro sell stops are @ 142. As long as the Bond rallies fail just over 144 we’ll … Continue reading
This is a Soybean and Corn show. There is no break out in the Wheat until it closes over $7. Our 1st tgt’s in the July Soybeans is 14.74 +- a couple. This should line up with 51.50-60 ish in … Continue reading
I want to own this with 63.10 stop. Buy a 25% position @ the market. 30 yr. Futures remain in sell the big rally mode and I feel totally naked not having some short exposure to this space.
On 5/6/13..we posted an eventual swing count of 924 for GOOG…It hit it in pre-market! GOOG…should start doing $40 dollar swings to the upside as long as it maintains over 827. A complete swing will tgt close to 924. 866 … Continue reading
KIWI…NZD/USD…81.00 is overextended today AUD/USD…this is getting overextended with 97.50 a place to look for a bounce today. Euro…128.20 is interim support. We’re looking for the 127.50 level to exit shorts. Below this level we’re looking for another 200 points. … Continue reading
Increase weighting to 25% Long
The 30 Yr. Futures went right to resistance and the TBT spiked support. I might never get this trade back on in the optimal spot so I am going to buy a 10%position just so I don’t euthanize myself if … Continue reading
30 yr.Bonds…143.22 is the next big test. This should roughly line up with 66 in the TBT. A close under this level in the Futures and over 66 in the TBT will add more fuel to the dollar rally. Only … Continue reading
30 yr. Bonds…after putting in an ORL day and week on unemployment, Bonds are attempting the triumvirate which would take a close under 144.00 at Month end. Spu’s…still need some sustained and closing price action under 1619 for lower. Gold…needs … Continue reading
We’re looking for just shy of 63 for an initial swing up. Take 70% of your profits here. You should be working an OCO order (one cancels the other). You’re selling TBT on a 61.40 stop or selling TBT @ … Continue reading