Tag Archives: tbt
A.M. Look 10/18/12
Spu’s…1457.25 will be the focus level the rest of the week. This is the ORH weekly #. Maintaining above will entice all new buying. Rejecting the level will start the lemmings to run. 30 yr…146.12 is an important hold level. … Continue reading
IBM…TBT
IBM…Bulls…203 is the 50 day mvg avg and support…Monitor this level for the next signal in the NASD TBT…65.35 is the 50% fib for this swing matching 147 in the 30.. Shorter time frame traders should take some money off … Continue reading
A.M. Look 10/17/12
Euro… buy stops are 131.72, with 132.50 being a sell zone the first time up. 30 yr…weekly stops are under 147.10-12. This is also the 50% of the recent range. 147.00 would be a good place for short term traders … Continue reading
A.M. Look 10/16/12
Euro… is at the top of a triangle and channel line as shown on both the Point & Figure and Bar chart. Weekly stops rest over 130.60-75. Yen…is getting close to our breakdown level. 126.40-78 is still the closing support … Continue reading
A.M. Look 10/15/12
Spu’s & Nasd…are both at short term resistance. The low 30’s in both should be problematic. AUD/JPY…80.65-70 is resistance EUR/JPY…102.12 is resistance Soybeans…our original statements from last month still hold in the Beans. Our full downside swing count for this … Continue reading
TBT_-_ProShares_UltraShort_20+_Year_Treasury_Weekly.gif
The channel line as shown on this chart lines up with the 30 Yr. Futures in the low 149.20’s. While the 30 yr. point & figure is once again flirting with the downtrend line from the 153’s, we’ll need some … Continue reading
A.M. Look 10/12/12
Nasd 100…2715-20 now becomes the key hold level and near term closing pivot. Spu’s…the resting stops are below 1425. They elected them last night…now all new strength over 1437 will run out all the shorts. I would still need a … Continue reading
A.M. Look 10/11/12
Nasd 100…2715-20 now becomes the key hold level and near term pivot. Spu’s…the resting stops are below 1425. They elected them last night…now all new strength over 1437 will run out all the shorts. Euro…128.22 is the 200 day mvg … Continue reading
A.M. Look 10/9/12
Nasd 100…2765-68 is first support. 2740 ish is the next significant level. USD/JPY…77.65 app 128.80 futures is resistance in the Yen. EUR/JPY…all new price action under 100.90 will be needed for more Yen strength and Euro weakness. Euro…needs all new … Continue reading
A.M. Look 10/8/12
Nasd 100…2765-68 is first support. USD/JPY…77.65 app 128.80 futures is resistance in the Yen. EUR/JPY…all new price action under 100.90 will be needed for more Yen strength and Euro weakness. Euro…needs all new closing weakness under 129.25 for a run … Continue reading