We have an order working to buy the TLT @ 120.90. The Chart pattern for the 30 yr. Futures is not pretty with ORL’s working in the on 2 different time frames. TLT could go as low as 120.50 the … Continue reading
Gold…needs over 1486 or under 1440 for a new signal. 1536-39 isgood low risk resistance. Lower retests are 1420 followed by 1400. Silver…24.30 is resistance and the upside pivot. Buy stops are 24.80 which could lead to another dollar higher. … Continue reading
Euro…held perfect support @ 131.30 on the rate cut for the first bounce. New strength above 132.30 should not be faded. 30 Yr. Bonds…148.18 is first support. Resting weekly sell stops are 148.09 TLT…122.50 is where the bigger support comes … Continue reading
We’re exiting the SDS and the TLT today. We will use this break to exit relatively unscathed and clear our head. We’re willing to give this a little more timethis A.M. to get back closer to our entry levels, however … Continue reading
Full Moon Trading… Euro…132.82 is first resistance with 133.15-30 being a key closing level for more upside. EUR/AUD…128.80 is closing resistance EUR/GBP…87.70 ish is resistance…sustaining above, look for another figure. Oil…94.46 is the pivot. Nasd…sustaining above 2758.25 is price positive. … Continue reading
Silver…31.22 is the short term resistance. Gold…1667-70 is daily resistance 30 yr. Bonds…needs above 144.02 for higher. Spu’s…need to get under 1489.50-90.50 for more downside. Yen Futures…anything close to 111 will be difficult +- 10 points. The Yen crosses all … Continue reading
Buy the TLT with a closing stop below today’s low. We’re Closing out Selling Long positions ANR and EWZ… For the past month investors have been selling AAPL and buying everything else. This looks to be going into profit taking … Continue reading
Ground control to Major Tom? THANK YOU COMCAST General Comments… This will be a robot driven market the rest of the day. The metals will take over the weekend to play out. ( Do we go parabolic or roll back … Continue reading
Sell the 25% position in this instrument @ the market. We’ll await a better opportunity… The Lemmings are running today.
We’ve been talking about the importance of 145 in the 30 yr. Bond Futures as a macro pivot. TLT stopped at an interesting level as well. 100.00 AUD/USD “parity” is a natural # which will not be easily penetrated. This … Continue reading