Justiceisfalse

Justiceisfalse

So many confluences going on here at price levels that have been meaningful for 2 years. There are so many factors at play here, I don't think I could get in to all of them. The price action will tell all and I believe we have a major, multi-year trend continuation trade setting up in the bond complex.

Justiceisfalse

At the supply zone. Could confirm downtrend Kissing up against a "hidden" tend line Definitely overbought Maybe pull a fake breakout???? Looking for it to reject these levels

Justiceisfalse

Cattle has definitely been getting good support in the right spots We are coming off some critical levels and getting bid up over the last few sessions Trade setups on chart for outright positions

Justiceisfalse

Testing the major resistance zone again Momo is showing some divergence. Neutral for now but keeping a close eye.

Justiceisfalse

The gap down Sunday night is right in line with how NG acts If we do not get support around 2.70, I suspect that the 2.60 holds up. It's neutral foe now but I lean long for the seasonal trade.

Justiceisfalse

Triangle resolved. Question is, how low do we go?

Justiceisfalse

Had a missfire and got stopped out of first attempt at a long here. Long again with strength during FOMC. STP 2.595 Targets north of 2.70

Justiceisfalse

Yellen is still talking but here we are at the other end of the channel....... I'm neutral and looking for a breakout or confirm down trend

Justiceisfalse

Copper is oversold on all larger time frames; Sitting on major support; Smaller time frames are picking up bids (but just barely) Has a ton of momo divergence fwiw One could risk to 2.6100 (about $300 per contract) and look to exit at 2.70, 2.80 and maybe even another test at 2.95.

Justiceisfalse

Gotta hedge out my rib consumption...... Could get interesting above 80

Justiceisfalse

SPY/ES/SPX is in a major support zone although the major trend is broken Depending on the timeframe, we are oversold and others have lots of juice to the downside left We have a clear channel in place ..... and we have gaps all over the place to cover! I'm marking the chart as "neutral" because at this point, you could shoot in either direction and be proven...

Justiceisfalse

If you have a serious set of balls....... short it! Better off waiting for weakness to get in though. But in all seriousness, there have been great longs and shorts here.

Justiceisfalse

Waiting for the triangle to be resolved. EURUSD is pointing up so DXY probably gets sold off to 93s Neutral for now but a good indicator to keep an eye on.

Justiceisfalse

Bouncing off big support Oversold on daily 4H and 2H - looking to recover Some bullish divergence fwiw.... Strategies: Cowboy: Go long with stp at 2.615 Safer: Buy stp at 2.70 with a stop around 2.65 most likely

Justiceisfalse

Clearly rejecting the previous highs..... TO THE TICK Puts are cheap and should have all kinds of juice in to expiry June 17. Could also sell calls with a strike north of 63\ Could just go straight short with a stop at 62

Justiceisfalse

This is sooooo over done on all timeframes including the weekly. It's hard to show all this in one chart..... Divergences across the board on all time frames Lower timeframes are trying to break out I'm long ZBs with stops below the lows. Might sell TLT premium Might buy TLT July/Sept 120 calls Might buy ZB July/Sept153 calls Targets are ZB 153 and TLT at least...

Justiceisfalse

Short thesis: Major trend from March 26 is broken. Falling out of the channel this afternoon. Intraday downtrend keeps on getting confirmed. Major support zone not offering much support....... Long thesis: BTFD! Higher timeframes are oversold.... Might get a rally in to VIX expiration next week. Strategies: I lean short and whichever way one chooses to play...

Justiceisfalse

Oversold and in the major support zone. Might put in a move to 2.80 R/R seems okay but not fantastic for a potential long. Like all other commodities, heavily dependant on the DXY.......