We’re Selling 50% of this position either @ 59.25 or Market On close! We’ve had a monster rally in the Equities today without backing off. The Currencies will be a Time Frame Trade in the Asian session tonight. Again, Since … Continue reading
Maybe I got too cute with a surrogate trade, choosing the Yen vs the stocks. This will take into London’s close to play out. We need price action over 58.50 to be right. There is nothing to do but let … Continue reading
Yen…105.20-30 is first support in the Yen, 95 USD/JPY. Pay for your trade here! YCS…action over 61.77 is needed to confirm a high in Yen and a low in this ETF. Your Fill is 58.25 if you bought the opening! … Continue reading
ETF Traders..BUY the YCS double short yen on the opening. FX…we gave you the level this A.M… this is another classic opening range trade in Chicago. Let’s see what we get.
Stocks.. Spu’s…1565 is the over run level I’m looking for to buy. SPY…158.60 followed by 155.60 SDS…has to close Friday over 41.50 to show a good low has been put in. Nikkei…12,500 held DAX…8000 held Bonds… Bunds…143.75 is resistance and … Continue reading
Stocks.. GOOG…closing over 884 will keep this firm AAPL… closing over 445 will be positive. BAC…13.50 is the closing upside pivot. Spu’s…needs back under 1632-33 for further set backs. Maintaining and closing over 1645 is price positive. SPY…maintaining and closing … Continue reading
Gold & Silver…I have no good ideas or a game plan. Spu’s…1634-36 is 1st resistance & tgt. 1645 on an initial rally off the number should cap an overshoot. SSO…79.85 & 8085 are the corresponding levels. TBT at 64.40-20 with … Continue reading
DXJ has just completed a 50% retrace from the past 2 years in 30 minutes. Closing under 41.55 would lead to another couple of dollars. USD/JPY triggered monthly stops below 97 USD/JPY It’s surprised me!! This has been attributed to … Continue reading
97.50 is the Tgt is Yen The Futures just over ran the # 0f 102.50 95.40 USD/JPY is next….104.82 in the Futures
Stocks.. Spu’s…have to maintain above 1617.50 to see some profit taking. Bonds… 30 Yr….need to squeeze up another half a point to start seeing further short covering before tomorrow FX… USD/JPY…as long as this stays under 99.30 (over 100.70 Futures) … Continue reading