Tag Archives: utilization
A.M. Look 1/13/12
Oil…100.55 close now becomes a similar level to 105-105.31 All new closing strength is needed over these levels for new upside. Brent shows the same pattern with new closing strength back over 112.20 needed. Short term sell stops are 98.30 … 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
A.M. Look 12/13/11
So far the Spu’s held right where they needed to @ 1221.50 for another bounce. Confirmation of the level was given by the commensurate matching levels in the Aussie, AUD/JPY, EURO and OIL all holding macro support levels yesterday into … Continue reading
Technical and Gap Trading 101
SPU…(H) 1221.50 is the top of the recent pit gap…Levels like these are generally, high percentage directional traps the first time in. You saw the big rebound off the area last night to re-test the reversal close of 1244. Then … Continue reading
Euro-BTP Futures Daily Continuation…A Teaching Moment
We had some questions yesterday about the Italian Bonds. So here is your educational moment, understanding our missives and how markets work. When I awoke yesterday, this Bond had fallen off a cliff. Note the RSI reading on the bottom … Continue reading
A.M. Look 11/3/11…W/Utilization Note
First a utilization note to our shorter term clientele that have recently joined up. We write levels we feel will encounter significant price rejection the first time into the # set. These levels also act as pivots. The levels can … Continue reading
Utilization…Execution…Style
Every so often I will write something like this to give you my big picture thinking, think of me as your quarterback. I want to talk about one of out Private Wealth Clients, who is someone we can all learn … Continue reading