Wednesday, April 24, 2013

Oil Futures

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

Sunday, April 21, 2013

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 

Sunday, April 7, 2013

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

Friday, April 5, 2013

Sugar

  Sugar
Long at 17.67 see chart for targets


Target one hit

Thursday, April 4, 2013

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