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Looking to close out the week red around 1394 $ES_F $study

March 23, 2012
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Looking to close out the week red around 1394 $ES_F $study

Around the Globe Asia – CLOSED Shanghai (China) -1.10% Hang Seng (Hong Kong) -1.11% Nikkei (Japan)-1.14% Europe as of 7:40am EDT DAX (Germany) -0.37% FTSE (UK) -0.24% Today’s Economic News: We are gong to close out the week quietly on news. Quote of the day: Reality is merely an illusion, albeit a very persistent...
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Our X spot is firmly established, next two days should mark the Y back up above 1400 $study.

March 22, 2012
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Our X spot is firmly established, next two days should mark the Y back up above 1400 $study.

Around the Globe Asia – CLOSED Shanghai (China) -0.10% Hang Seng (Hong Kong) +0.22% Nikkei (Japan)+0.40% Europe as of 7:55am EDT DAX (Germany) -1.49% FTSE (UK) -0.89% Today’s Economic News:   Opps.  That European PMI string turned in an across the board miss.  That has the bulls back on there hind legs on today’s...
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Ten day cycles turn bearish and makes us more comfortable short $study

March 21, 2012
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Ten day cycles turn bearish and makes us more comfortable short $study

Around the Globe Asia – CLOSED Shanghai (China) +0.06% Hang Seng (Hong Kong) -0.15% Nikkei (Japan)-0.55% Europe as of 7:49am EDT DAX (Germany) +0.22% FTSE (UK) +0.13% Today’s Economic News: Quote of the day: The best measure of a man’s honesty isn’t his income tax return. It’s the zero adjust on his bathroom scale....
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Was yesterday our X factor? Looking for a valley around 1386 $ES_f $study

March 20, 2012
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Was yesterday our X factor? Looking for a valley around 1386 $ES_f  $study

Around the Globe Asia – CLOSED Shanghai (China) -1.38% Hang Seng (Hong Kong) -1.08% Nikkei (Japan)+0.12% Europe as of 7:48am EDT DAX (Germany) -1.30% FTSE (UK) -1.08 A negative –1% day! was Japan closed?   Today’s Economic News: Quote of the day: I improve on misquotation. – Cary Grant Current Allocations from our room:...
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Watching for a possible prolonged topping pattern $study

March 19, 2012
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Watching for a possible prolonged topping pattern $study

Around the Globe Asia – CLOSED Shanghai (China) +0.23% Hang Seng (Hong Kong) -0.95% Nikkei (Japan)+0.12% Europe as of 7:51am EDT DAX (Germany) -0.65% FTSE (UK) -0.39% Today’s Economic News: Quote of the day: There are plenty of good five-cent cigars in the country. The trouble is they cost a quarter. What this country...
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Looking sideways now. $study

March 16, 2012
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Looking sideways now. $study

Around the Globe Asia – CLOSED Shanghai (China) +1.30% Hang Seng (Hong Kong) -0.17% Nikkei (Japan)+0.06% Europe as of 8:00am EDT DAX (Germany) +0.61% FTSE (UK) +0.49% Today’s Economic News: Quote of the day: I used to work in a fire hydrant factory. You couldn’t park anywhere near the place. – Steven Wright  ...
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A little correction in our future, then off to the races $study

March 15, 2012
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A little correction in our future, then off to the races $study

Around the Globe Asia – CLOSED Shanghai (China) -0.73% Hang Seng (Hong Kong) +0.21% Nikkei (Japan)+0.72% Europe as of 8:14am EDT DAX (Germany) +0.30% FTSE (UK) -0.09% Today’s Economic News: Quote of the day: Liberty without learning is always in peril; learning without liberty is always in vain. – John F. Kennedy   Current...
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Watching for an NR7 and weak breadth.. then we like short $study

March 14, 2012
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Watching for an NR7 and weak breadth.. then we like short $study

Around the Globe Asia – CLOSED Shanghai (China) -2.63% Hang Seng (Hong Kong) -0.15% Nikkei (Japan)+1.53% Europe as of 7:58am EDT DAX (Germany) +1.08% FTSE (UK) +0.32% Today’s Economic News: [ Mixed Economic news overnight. Quote of the day: To succeed in the world it is not enough to be stupid, you must also...
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Breadth and a Thrust.. Watching the 50 DPI very closely today $study

March 14, 2012
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Breadth and a Thrust.. Watching the 50 DPI very closely today $study

Score: +14   We will watch the 50 DPI closely today for signs of some early profit taking at these levels.  We think this might just be our exclamation point we have been writing about.     Nice, question is can we add to the pile.   The 10 day cycle is a little...
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Party on! Watch $ES_F 1380 today for a possible short $study

March 13, 2012
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Party on! Watch $ES_F 1380 today for a possible short $study

Around the Globe Asia – CLOSED Shanghai (China) +0.86% Hang Seng (Hong Kong) +0.97% Nikkei (Japan)+0.09% Europe as of 7:40am EDT DAX (Germany) +1.03% FTSE (UK) +0.94% Today’s Economic News: Generally very good news from Europe today.  Both German and Europe ZEW numbers show renewed optimism and have the Eurozone in the nice climb....
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