Tag Archives: tbt
TBT..
38.20-30 TBT now becomes a key zone…. Price action above this area and the bonds and TBT can extend. Technically this is a short term double top..which means the equity markets have to hold this break for further Bond weakness … Continue reading
Spu/Bonds…Aussie
Shorter time frame traders should lighten up in this spread.. This is long the Spu or SSO and Short the 30 yr Bonds ( long the TBT) The Aussie needs a good close over 100.05 to confirm higher in this … Continue reading
30 yr. Pattern Alert
Both the Dec. and the March Bonds are attempting to put in outside reversal days and weeks to the downside. These patterns are generally price negative. You’ve seen earlier in the week off the monthly patterns that you need a … Continue reading
A.M. Look 12/2/10
Core positions are presently long TBT,Aussie,Smh or Soxx index,YCS (short yen) and long JJG ( grain etf) Many of you have key long Gold and Silver holdings with a smattering of miners and selected oil stocks. Stay the course. It … Continue reading
A.M. Look 12/1/10
Today going into tomorrow we’re going to find out what chart patterns are real. Last night’s low in the Aussie @ 95.37 is one of the big tells on the board. Macro stops will be building below and should act … Continue reading
Eur/Jpy….TBT
108.23 is going to be a big inflection level in the cross Eur/yen needs sustained price action below this level for more Euro weakness. We’re at the other end of the range in the bonds, the area I’ve been patiently … Continue reading
A.M. Look 11/24/10
Long Spu/Short Bonds is once again going to be the flavor of the day… I am still looking to sell the big multi point rallies in the 30 yr. via the long TBT trade at the major fib levels. These … Continue reading
Bonds…TBT
It’s pick a swing day. 130 +- a few…131+- a few ticks are the major retracement levels coming back up in the 30 Yr. Bond futures from the 125.18 double bottom and our exit area ( app. 138.20 ish in the TBT) … Continue reading
Full Moon Trading
Food for thought.. Sunday night brings us to another episode of Full Moon Trading. Once again a good part of the world gets out their Ouija boards and decides which way they want to place their bets. Simply put, it’s … Continue reading
A.M. Look 11/19/10
The anticipation of the press conference is out of the way in Germany. Short term traders should take a decidedly you first approach to today. Present Holdings… short the 30 yr. Bonds ( long TBT) looking to sell any major rally, or … Continue reading