Strategy

My TIMM Trading Pit Commentary – Wk Of 4/15/19

TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for.
The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets.

Commentary from this past week includes:

Many demand zones on the futures (DOW, Nikkei, Bonds) hit in the early AM, missed some great opportunities.

Oil has been camping out below the 4 hr supply for the past week…evidence that there are sellers just above.

China’s economy grew slightly faster than expected in the three months to March. The economy expanded at 6.4% in the first quarter from a year earlier, ahead of a Reuters forecast of 6.3%. The news was welcomed by the Aussie Dollar…I’m waiting for price to move higher before considering the short at the 4 hr supply zone.

There is still room for gasoline to move higher…looking for a pull back before price continues higher.

10 yr bond still dropping and I’m still waiting to short price.

Missed my trade set-up on the DOW futures.

Looking to short the 10 yr bond if price can pull back a bit.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

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