The Dollar has moved to it low level of recent support, sitting
on the lower end of a Value Area. Anticipate a run from 77.700 back
up to 78.900, the high end of the value area. This could happen
over the next week. If it continues to punch through the low
however, then we'll drop lower faster.
Marc Chandler
ME Rumors Hit Market
2/16/2011 11:34 AM EST
Reports suggesting Iranian war ships are in the Suez Canal hs
sent the dollar broadly lower, though not sure the logic. The Swiss
franc is rallying more than the euro, so that is good for the
position I recommended short euros vs Swiss franc, but has hurt the
short euro position. The euro spiked to about $1.3560.
Not clear what is happening, but I think these kind of
rumors/stories ought to be dollar positive. So, my guess is that
the euro comes off again.
Israeli Foreign Minister: Iranian warships
entering Suez canal, Reuters reports Two Iranian warships are
planning to sail through the Suez Canal en route to Syria,
according to the Israeli Foreign Minister, who hinted that this
latest "provocation" could lead to an Israeli response.
While I'm unable to post the PNG file I shot, the hourly chart
shows copper climbing up into a narrowing triangle which has broken
out to the downside this morning. Usually a pre-cursor to the
general market.
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Dollar dropped
Posted by klatuu on 18th of Feb 2011 at 12:58 pm
The Dollar has moved to it low level of recent support, sitting on the lower end of a Value Area. Anticipate a run from 77.700 back up to 78.900, the high end of the value area. This could happen over the next week. If it continues to punch through the low however, then we'll drop lower faster.
Klatuu
STP
stp
Posted by klatuu on 17th of Feb 2011 at 11:54 am
Where did you find the 2/21 earnings date? I can only find an unconfirmed earnings date of 3/3 AM. The estimate is .30
Thanks
ME Rumors Hit Market and Dollar
Posted by klatuu on 16th of Feb 2011 at 11:52 am
ME Rumors Hit Market
2/16/2011 11:34 AM EST
Reports suggesting Iranian war ships are in the Suez Canal hs sent the dollar broadly lower, though not sure the logic. The Swiss franc is rallying more than the euro, so that is good for the position I recommended short euros vs Swiss franc, but has hurt the short euro position. The euro spiked to about $1.3560.
Not clear what is happening, but I think these kind of rumors/stories ought to be dollar positive. So, my guess is that the euro comes off again.
Sounds like Duck soup
Earth Quack in Chile
Posted by klatuu on 11th of Feb 2011 at 03:41 pm
Wow
Cycle Chart (re-post)
Posted by klatuu on 11th of Feb 2011 at 12:35 pm
Thx for the update
MP3 INDICATOR
Posted by klatuu on 1st of Feb 2011 at 03:50 pm
Klatuu
Egyptian Unrest
Posted by klatuu on 28th of Jan 2011 at 11:34 am
This very interesting ...
http://english.aljazeera.net/watch_now/
VIX on the outter end of Upper BBand
Posted by klatuu on 20th of Jan 2011 at 10:45 am
The VIX is now pushign the outter end of it's Upper BBand
We may see a little pullbk from here...that is on the daily VIX chart
A possible scenario for ES
Posted by klatuu on 19th of Jan 2011 at 03:35 pm
That would be a run up to 1285 then a drop back to 1258 on ES.
Klatuu
Target
PARD
Posted by klatuu on 19th of Jan 2011 at 10:20 am
What is the target for PARD?
SWN ready for a breakout
Posted by klatuu on 12th of Jan 2011 at 12:14 pm
Klatuu
SVU for an intraday trade
Posted by klatuu on 11th of Jan 2011 at 10:26 am
Stop = 7.38, Target = 8.05
Steve that's a tiny pic, anyway to post a larger version?
SPX 15
Posted by klatuu on 5th of Jan 2011 at 12:46 pm
Steve that's a tiny pic, anyway to post a larger version?
Thanks,
Klatuu
RNN
RNN broke out again
Posted by klatuu on 5th of Jan 2011 at 11:37 am
Do you know why RNN is BO?
MELA
Posted by klatuu on 3rd of Jan 2011 at 09:47 am
Thoughts on this trade from last week? Looks like it might keep going if it gets above 3.43. Thanks for the trade.
MELA
Posted by klatuu on 31st of Dec 2010 at 11:17 am
Where do you see the target on this one?
it's started, cup with handle and a good jump
Dollar ready for a breakout
Posted by klatuu on 16th of Dec 2010 at 10:18 am
Dollar ready for a breakout
Posted by klatuu on 16th of Dec 2010 at 10:12 am
Klatuu
Copper's dropped from a traingle
Posted by klatuu on 15th of Dec 2010 at 08:11 am
While I'm unable to post the PNG file I shot, the hourly chart shows copper climbing up into a narrowing triangle which has broken out to the downside this morning. Usually a pre-cursor to the general market.
Klatuu
UNG at the breakout of a long channel
LNG has been bouncing off it's 20dMA the last couple of days
Posted by klatuu on 7th of Dec 2010 at 03:17 pm
tried to add graphic, BPT not taking it here.