Tag Archives: tbt

A.M. Look 9/21/12

Posted on 09/21/2012

Intermediate near term Pivots… Oil…as long as the Oil remains above 91.44 close it has a positive bias. Spu’s…closing below 1450 puts this on the defensive. Closes above 1462 are positive. Nasd…2840-45 now becomes our downside pivot. Closes above 2860 … Continue reading →

A.M. Look 9/20/12

Posted on 09/20/2012

USD/JPY…79.22 will be our macro pivot. ( App 126.40 Futures). Look for this level to run the Yen crosses against the Commodity Currencies. Use the crosses as the general risk tools they’ve been all year. CAD/JPY…AUD/JPY up, it’s Risk On. … Continue reading →

A.M. Look 9/19/20

Posted on 09/19/2012

Soybeans (X)…closes below 1640 will lead to another swing down. Above 16.70 we’ll see some more strength Wheat…9 dollars will be pivotal. Corn…7.60 will be pivotal. Equity Indices…Futures expire tomorrow. We are in wait and see mode. 30 Yr. Bonds…need … Continue reading →

General Comments

Posted on 09/14/2012

After some panic buying this A.M. our upper tgt’s were hit in the EWZ, close enough in the TBT, and to the tick in the 30 yr. Futures. We’re looking to Buy hard breaks in Risk assets and Sell hard … Continue reading →

Dec. Bonds

Posted on 09/14/2012

144.17 is the level from May we rallied from. Closing below this level will lead to more downside. This should set up with the 17.40 level in the TBT. 17.55 is the 200 day in the ETF. We should see … Continue reading →

TBT…30 Yr. Bonds…Trade Alert!

Posted on 09/14/2012

“We’ve come a long way baby” Sell 30% of you’re LONG TBT on the opening.

30 Yr. Bonds…TBT…GDX

Posted on 09/13/2012

Resting stops are  145.23 (Z)  145.03 (U) These levels would be overextended the first time down. TBT…16.70 GDX…53 is the next fib match for the miners

A.M. Look 9/13/12

Posted on 09/13/2012

Euro…129.95 + a few…131.46-50 GBP…162.37 is the April/May close we broke from. EUR/CHF…which has looked like a heart monitor on a corpse for the past 8 months, is attempting an ORH month with a close over 120.92. Last week was … Continue reading →

A.M. Look 9/11/12

Posted on 09/11/2012

Natgas…put in an ORH day yesterday. The Daily Pit chart shows 2.90 as a big mvg avg cross. Sustaining and closing above this level will lead to higher prices. AUD/USD…is caught between 103.25 and 104.15-25. AUD/JPY…80.69-62 is an important hold … Continue reading →

A.M. Look 9/10/12

Posted on 09/10/2012

Silver…33.30 was last qtr’s high, by remaining over ( or holding the breaks to 33.30) keeps Silver from having a deeper re-trace. This will be a descent short term pivot. Gold…just an observation about the RSI’s on a Qtrly chart. … Continue reading →