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Monthly Archives: September 2013
Monthly Archives: September 2013
(SY) UN Security Council passes Syria chemical weapons resolution calling on the regime to destroy its stockpiles as soon as possible – Stockpiles must be destroyed by mid-2014. – Resolution rules out any use of force; Failure to comply would require another resolution that would underline punitive measures. – Endorsed by China, Russia, and US. […]
Continue readingFri, 27 Sep 2013 16:36 PM EST – The DJIA and S&P500 have moved steadily lower since the Fed decided not to reduce QE asset purchase at the FOMC meeting last Wednesday. As market participants reoriented themselves toward the possibility of an October or December taper this week, members of Congress managed not to remove […]
Continue readingCrude 60-Minute Crude is rejecting the wedge lows and pushing higher. I am looking to buy this market back up to the 103.29 swing high FIRST and then looking for a larger push up to the BMT at 104.17. If we do end up falling lower, I will look for shorts back for a retest […]
Continue readingGold Auto Trader Gold has always been one of our favorite markets on the FLEX Auto Trader and the TREND has been no exception to this. Gold is making leaps and bounds on ALL fronts of the auto traders and we just keep pocketing more and more money EVERY week! Gold has had quite a […]
Continue reading7:30am EST Focus-Points this morning: · European markets slumping overnight after political concerns in Italy, lack-luster news · UN Security Council Votes on Syria likely on Friday · Crude Oil pushing lower overnight after signs of Middle East Resolution · Fed Speakers continue to voice their opinions on the topic of Fed Tapering; 3 speakers […]
Continue readingCrude 60-Minute Crude Oil has been moving higher after catching a rejecting bounce higher off the channel/wedge lows. I am looking to buy this market higher to the 103.96 swing high first, and if we get some legs, the BMT at 104.55. If we do start moving lower, I will be looking short for a […]
Continue readingRussell Auto Trader The Russell has always been a bit of a slower market but that doesn’t mean it can’t make an absolute killing in the markets! The Russell over the past 3 – 4 months have brought in a HUGE amount of money and this past week, although not huge, still wracking up the […]
Continue reading7:30am EST Focus-Points this morning: · Traders looking forward to better market personality this morning after a low-volume first-half of the week. · Markets in Europe moving lower this morning after disappointing news from Italy and the UK · Oil pushes higher this morning, up $.36 trading around the 103.00 big-round-number. · E-Mini S&P trading […]
Continue readingCrude 60-Minute Crude came into the low of yesterday’s channel and has since bounce up. This formed the final low point for the wedge low down at 102.30. I am looking to continue buying this move higher in the short term to 105.07 – 105.12. As this market has is VERY negative, I will also […]
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