Tag Archives: tbt
TBT
ETF Traders… TBT…is attempting an ORH day. A close over 72 would confirm a Risk On Pattern with higher rates. The later in the day that we maintain over this level the better the signal.
Midday Missive
Nikkei…13,900 becomes a big longer term hold level. Closes under 13,700 are price negative. Bottom fishers will be better served looking at the Oil patch. CVX,XOM aren’t breaking… COP has potential as long as it remains above 62.50. Spu’s…a rally … Continue reading
Midday Missive
SMH…index has a double bottom on the daily chart. OIL…97.80-98.00 is resistance with resting buy stops above. 30 yr.… admittedly i’ve been a little out of step with the turns. I like today’s low in the TBT and the high … Continue reading
A.M. Look 1/28/14
Stocks… Spu’s…I’m looking to buy around 1730 with a very tight stop. Presently, the Spu’s are holding point & figure support @ 1770. Yesterdays low was a normal standard deviation move for the Spu’s of 80 points. I’d like to … Continue reading
TBT Jan 31 Call Closing Trade Alert!
Closing Trade..Mid mkt is around 47-48 Sell the calls Mid market time to cut our losses and reduce our exposure.
30 Yr. Bonds…TBT
30 yr. Bonds…reached our tgt level of 132.30. This was our preferred sell # It certainly didn’t print the level when I expected it to. I thought it would be yesterday not today. As of now the 30 yr. Futures … Continue reading
A.M. Look 1/24/14
Stocks… Spu’s…1800 is the downside support level. Bonds… 30 yr…133.15 is the upper end of our resistance area. TBT…70.40 would be a retest of the ORH qtr from 2013 when interest rates started to rise. This is a support area. … Continue reading
TBT…Trade Alert! with general Notes
I’m looking for a 132.30 print in the USAH At this point I’d look for it at the Chicago pit close @ 2 P.M. CDT or an hour later at the NYSE close. Qtrly sell stops in the TBT are … Continue reading
A.M. Look 1/22/14
Stocks… PCLN…remains in it’s own insulated world. By maintaining above 1198 close, this has much higher tgt’s. The 1230’s would be a chip shot near term tgt.The monthly chart shows that this momentum name, which doubled last year, can only … Continue reading