Tag Archives: Time Frame Trading
A few Tgt’s
MMM…84.19 ( 200 day) 83.50 is monthly support GDX…looking for the stops to get elected under 39.08…then 38.24 CAT…75.80 is Fib support. 72 is the Monthly level. OXY…78.90…74.30 It’s a long day…markets should stay under pressure into London’s close. Time … Continue reading
A.M. Look 6/12/12
General Comments… I’ve spoken to many of my longer time frame clientele ( Private Wealth guys and Money Managers) over the past few days. Many of you are looking for the old holy grail of buy and hold low frequency … Continue reading
It’s Summertime…
The Robots are in charge..the Homo Sapiens, the smart ones are enjoying the cafe society. Price action above 1271 Spu’s will run out new shorts. Look for this to run all the spreads and commensurate surrogate trades.
30 Yr. Bond Futures
149.15 ish is the first tgt level from Dr. Nenner matching 16 in the TBT. My swing counts come in closer to 153-154 depending on how you measure them. Spu/Bonds…a retest of 87 is possible followed by 85. Short term … Continue reading
A.M. Look 5/18/12
Short pretty much everything/Long Gold has been the complexion of the board for the past 2 days. Everyone is waiting for Facebook to save the market. Pay attention to the opening range trade here! Sustained price action below its opening … Continue reading
Crude Oil…General Risk Off…Time Frame Trading
OIL…has just completed the first significant re-trace of the past 2 years with a 98 dollar print. Can it go lower? Sure, however it has not had a reversal on the point & figures for 800 points. General rule of … Continue reading
EURO…Trade Alert!!!
We are buying another 30% of our short Euro position in by 10:30 CDT. This is London’s close. We are looking for the end of this capital flow ( London’s Close) to lock in some more profits. We have been … Continue reading
EWH…EWZ
EWH …HONG KONG…17.31 is support EWZ…Brazil….66.21 on the daily is support, as well as being into all it’s weekly support levels. Again, this is just one more confirmation along with the Euro,Oil Gold,Copper,& Aussie lows, that we’ve just had a … Continue reading
Pattern Alert
GOLD…puts in an ORH day with a close over 1740.90, however we feel you would need a close over at least 1743.30 for follow through. OIL…puts in an ORH day with a close over 97.75. 98.30 ish brings the 50 … Continue reading
A.M. Look 12/15/11
Today is the last day for Dec. Stock Index Futures to trade. This day in September the close was 1204 in the S&P 500 expiring futures. Yesterday’s comments for Day Traders should be reviewed! Utilization time! We were looking for … Continue reading