The economy is stuck in a rut and jobs are still a worry for many Americans, which is driving investor fear higher than it has been for some time. But rising concern — reflected in a small rise in the VIX volatility index — has yet to translate into significant selling. Indeed, major stock indexes are up by double digits so far this year and heading into the fourth quarter, there’s potential for further gains, with price-to-earnings ratios below recent levels and huge amounts of cash still on the sidelines poised for a drop after the election or before the election or have to wait for the tax increase and spending cuts by USA Government let it hang this for a while till the First quarter of 2013 but Risk aversion is important now for all investor and question for where to hedge and when to hedge is very important for now
Cheers !
EUR/USD (last 1.2953)
Support:
1.2883 (S1)
1.2807 (S2)
1.2740 (Major Sup)
Resistance:
1.2985 (R1)
1.3032 (RR)
1.3106 (RRR)
STRATEGY
Trend Bullish till it is hold above 12854 on daily close basis
Day Trader
Short@13034 stop@13066 tgt open 12916 (TGT reached)
Parked Orders
Long @12755 Target 12948 Stp@12704
High Risk Trade
Long@12864 Stop@12846 Tgt 12987
CABLE (16030)
Support:
1.6002 (S1)
1.5942 (SS2)
1.5862 (Major Sup)
Resistance:
1.6206®
1.6296 (Res)
16460 (**Major Resistance)
STRATEGY SOS short on strength
Trend Higher
Day Traders
PARKED ORDERS
Long@15906 stp@15875 tgt 16004
Mid term
Short16270 ish area stop@16317 Target 15976( open and waiting for the Tgt and adjust the Stop@16247 (ammnd Today Take Profit here around 16030)
Short again on spike @16216 add 16266 Stop@16309 Tgt open
Yen (78122)
Support:
77.60 (S1)
76.77 (S2)
75.86 (Major Sup)
Resistance:
78.70 (R1)
7966 (RR)
8062 (RRR3)
Trend – Short term lower Mid Term Higher towards 8330
MID term
Side line for now
BOD (Buy on dips for we are expecting a sharp rise towards 8330)
Swiss (9351)
Support:
9304 (S1)
9259 (SS2.)
9192 (Major Sup)
Resistance:
9423 (Res1)
9477 (RR2)
9536 (RES3)
Strategy Side Line
Buy/Long
Day trade
(Futures swiss short@10846 add @ 10882 stp@10914 tgt 10735)
Buy@10592 Stop@10568 tgt 10775
Mid term
Side line before any clear direction
Dec Futures Cad $ (10236)
Flat
Support:
.10169 (S1)
.10094 (Sup2.)
.9978 (Major Sup)
Resistance:
10267 (R)
1.0289 (Res2)
1.0334 (Res3)
Day TRADER
BOD near 10115 Stp@10089 Tgt open
Short@10286 stop@10311 Tgt open
Ausie $ (10175)
Support:
1.0113 (S1)
10022 (Sup2.)
.9949 (Major Sup)
Resistance:
1.0245 (Res1)
1.0309 (Res2)
1.0410 (Res3)
Trend - Flat
Strategy
Short@10233 add 10266 Stop@10287 tgt open
GOLD (1778.00)
Strategy BOD (Buy on Dips) A deep correction around 1700
Support:
1764 (S1)
1730 (S2)
1693 (Major Sup)
Resistance:
1797 (Res2)
1818* (Res3)
1848*** (Res3)
Buy near 1672 zone stop@1662.7 tgt 1719
High Risk Trader
Short@1808 Stp@1821.7 Tgt 1778
Long@1754 stop@1747 tgt 1778
SILVER (34.02)
Flat
Support:
3342 (S1)
3287 (s2)
3203 (Major Sup)
Resistance:
3508 (Res)
3553 (RR)
3649 (Major resistance)
Strategy
Short @3627 stop @3659 tgt 3559
Aggressive Trader buy @3265 stp @3247 Tgt 3382
ES (MINI Sp500) (1450)
Trend Flat
Strategy (Sos) Short on strength
Support:
1437 (S1)
1421 (s2)
1406 (Major Sup)
Resistance:
1453 (RR)
1462 (Major resistance)
1475**********
Strategy
short@1454 stop@1458.25 tgt open (Filled and off set current price and)
Short again @1458.8 Stop@1463.75 Tgt 1423
Buy@1412 Stop@1408 tgt 1428
Crude OIL OCT (9010)
Strategy
Support:
8780 (S1)
8640 (S2)
8355 (Major Sup)
Resistance:
9060 (Res)
9174 (Res2)
9299 (Major resistance)
Strategy
Short@9290 Stop@9319 Tgt 8944
buy@8408 add 8361 stp@8327 tgt open
Time line For ----
No time line for Today
