LBRMarket Commentary

images (32)

Opening Play for Thursday 10/30

Oct 29, 2014 | Opening Play

  Good Morning traders…NO  three bar triangle  breakouts for Thursday!  FOMC and previous day’s volatility took care of just about  every market.  However, mornin...
Read full article

10-29-2014 12-53-19 PM

60K SP in front of FOMC

Oct 29, 2014 | Charts

  SPs trade back to EMA which has been previous  support line.  Support here?  or,  if breakdown in the afternoon, easy to see all the significant levels  (swing highs,  swi...
Read full article


Opening Play for Wednesday 10/29

Oct 28, 2014 | Opening Play

Good Morning Traders! The pre FOMC rally used up plenty of upside bullets.  It is unlikely there are any shorts left, and the market will need to digest the new buying that came in. ...
Read full article


Opening Play Tuesday 10/28

Oct 27, 2014 | Opening Play

        Good Morning Traders!   Start of FOMC…and Dax has   turned back up on the 120 minute (see chart belo) and the SPs are testing the upper end of a...
Read full article


Opening Play Monday 10/27

Oct 26, 2014 | Charts

  Good Morning Traders! Friday morning saw the markets trade low to high after a successful globex test of the 1931 area. The pit session put in a higher low and market breadth tr...
Read full article


Opening Play for Friday 10/24

Oct 23, 2014 | Opening Play

Good Morning traders! The SPs have rallied over 140 points in 5 days.   The tick chart that we have been posting for the past few days shows how price hit the upper level of a broader...
Read full article