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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (21197)	8/14/2018 1:05:17 AM
From: John Pitera	Respond to of 33421

Great advice Ox, I am looking to be very nimbly... I have a short I put on last thursday in the SOXS that I will be out of tomorrow or Weds..... I do a lot of bond yield curve trading, and currency trading....... the stock index futures are way too jumpy for my taste.... but I find that you can I find that there is not as much noise in the 2, 5, and 10 year note and there is massive volume.... there can be 2000 contracts on the bid and ask side on the 10 year....... Tradestation gives you a time and prices of sales and you look to see which side of has lots of 100 contracts going off and whether they are bid or ask..... and as the equity futures rallies then the interest rate futures start to sell off in price and go up in yield.... then when the futures.... the ES, SPX .,,, NDX... and DJIA take hit low the bond complex moves upward in price, and downward in yield, but in a much more structured less frenetic fashion...... That was an idea I picked up initially in the Hedge Fund Market Wizards Book.... that post that you replied to was not written by me I should have stated it more clearly that it was someone elses work product.... a couple of the charts I found amazing.... especially how short the market was on bonds. John

To: The Ox who wrote (21197)	8/21/2018 12:28:27 PM
From: John Pitera	6 Recommendations Recommended By 3bar marcos rogermci® roguedolphin sixty2nds and 1 more member Respond to of 33421

COPPER update --- Time to be long copper, copper ETFS, FCX ...etc.... and of course, through the CME futures and Futures options.... i am sure i am leaving out several additional ways to play this bullish copper scenario and it dovetails in with the rising inflation scenario nicely... for Futures traders it can be done for $1.20 a contract. Here is the 40 Year Monthly Copper chart there are 3 totally different ranges that are dramatically different in magnitude of the range of Price and yet we have 3 different Fibonacci retracement clusters here around the 2.63-2.62 level... and it's also the Key 200 week move average. which has provided support on several key occasions in the past and appears to be doing so again. I noticed how Art Cashin was commenting on the 200 week Moving Average one afternoon, when he was giving his market synopsis on CNBC. I have found that there are the professional Investment firms that are tracking these types of indicators and the 50 and 200 week moving average can be very helpful... especially the 50 week MA when a market gets very volatile and prices break and it looks like there is no floor..... the are Proprietary firms Hedge Funds, Family Offices etc, that have Open orders at these levels as they can be really fantastic opportunities to buy during panics. Here is a 20 year monthly so that everyone can see the Fib price clusters better Here is the 10 Year weekly Copper chart with Fibs The Bollinger %B has had such a huge volatility blow out that it suggests that we should be set up for a rally.... also the RSI is creating a momentum buy divergence as the RSI is on this August plunge is at the same level as the early 2018 low in the RSI. *And The 1 Year Daily Copper chart* on the 1 year chart we have 1) the full stocastic that has just given us a positive cross over buy signal 2) The Money Flow indicator is showing an improving trend.... 3) The RSI has given us a Momentum divergence buy signal 4) big volume the last 3 days... each above the 200 day MA of volume ... capitulation and accumulation by the professional operators 5) The last time the BB %B was this low we immediately had a one way freight train rally from *2.943 up to 3.32* So there it is ladies and gentlemen...... A super strong case for a tradable rally in copper, and this may well be an *excellent entry point in a secular bull market*... as inflation manifests with all of the additional monetary base creation to lubricate the Global financial system out of the emerging market quandary and the inflationary implications of the DJT tariff war.... FCX is a copper stock play, FCX is hanging right on to it descending 200 day MA today..... entering a position at the 200 dma is a tried and true method that has a good success rate... there are copper ETF's including COPX , JJCB, CPER John