Tag Archives: Technical Trading
CQG_Chart_S&P_500_(Pit)_Daily_Continuation
1337 will be critical daily resistance during the day session. 1326.50 will be a key closing level, even more critical than 1335.75. Price action 101…Spu’s have to hold 1331 and get back above 1337…A failure to do so leaves an … Continue reading
Recap…Food For Thought
We’ve been bailed out by Greece? Truly frightening! Matches….the importance of matches! We try to paint a picture to illuminate the best set ups. Today you saw that, both the Bund and U.S. 30 Yr., achieved their near term tgt’s. The Sek … Continue reading
Pattern Alert…Gold & Silver
Both of these metals have “Potential” outside reversal weekly patterns to the downside. For now they are holding…We will need a close tomorrow above 1511 in the Gold, and 34.40 Silver, to maintain the weekly patterns. Closes under these levels … Continue reading
Mid-Week Shuffle
It’s the day before equity index expiration,Full Moon with Nasd re-testing the 200 day mvg. avg and Unchanged on the year ( last years close… 2216) Decision time: it’s up to every investor to chose his particular style of trading, do you … Continue reading
Recap…Big Picture
We lightened up or got out of most of our positions today. First they jammed a lot of people today during a very thin time of day after London’s close. Many weak market participants were run out of their long … Continue reading
USDA CROP REPORT…CORN, WHEAT,JJG
The crop report will be coming out tomorrow. The shorts appear to be on the run today. The Corn P&F sent Monday has not broken down. Wheat did not quite get to our optimal buy zone. Why am I going … Continue reading