Japanese Yen

Japanese Yen 

This is a long setup that should take a few days to hit target (see chart). Notice how the price action appears to have established a bottom while crossing the moving average. Hope this helps

Dow Futures

Dow Futures

See chart for short entry, targets, and stop. Hope this helps

DOW FUTURES

I posted this instrument on 4-21 (see post). Look at how many times the price has touched the underbelly of the up trend line. I will enter a short position shortly. I will send an alert when I enter the position. If you want to receive the alert - send your email address to jamesolivertrades@gmail.com. Hope this helps

Oil Futures

OIL

I hope some of you took advantage of the Oil setup I posted yesterday (see yesterdays post). Today's trading was great in gold and oil. Tomorrow I will be focused on oil (see chart). As the price rallys to test the 95 area there should be many trading setups between 93 and 95. Depending how the price reacts when testing 95, we should see a re-test of 97.50. Hope this helps

Oil Futures

If the price can break above 91.52 it should rally and test 94.89 (see chart). Hope this helps

Dow futures

Dow Futures

Price has broken the uptrend (see chart). The price should rally to 14,612 to 14,660 area (see shaded area on chart). This is the area where I will enter short positions with targets of 14,256 to 14,132 (see chart). Hope this helps 

Japanese Yen

Japan has declared war on its own currency as well as all currencies.I will get short at around 104.3 with a target of 100. Hope this helps

S&P Futures

                                                  S&P

This chart looks like its in a consolidation mode leaning to thebearish side with target one at 1520. With Earnings season startingtomorrow, we should know very soon. Hope this helps

GOLD

If and when price hits 1587, I will get short with a target of 1540. My stop will be 6 to 10 points above entry. Depending on how the price action reacts at 1540, the next target should be 1500. Hope this helps

Target one hit
Target two hit

Sugar

  Sugar

Long at 17.67 see chart for targets

Target one hit

Something STRANGE is happening!

NOTES

                                                                             DOW   

                                                                             YEN

Something very strange is happening. The Yen got slapped down today, as the Dow rose slightly while the T- Notes continue to fly higher... Normally the equities would follow the Yen and do the opposite of the T-Notes. So, when this is happening, it's usually a precursor to something BIG! Beware...Hope this helps