Monthly Archives: November 2014

A.M. Look 11/20/14

Stocks… DAX… The weekly ORH # is 9400, the level that needs to hold on a break. 9510 is today’s 200 DMA. All new closing strength over this resistance level is needed for a test of 9820. Midcap…needs over 14,3200 … Continue reading

XOM…Trade Alert!

BUY XOM @ 95.85 STOP ON CLOSE! With December Oil Futures expiring, I’ll look to play a rally in the Futures via the names. I like the pattern in XOM, however I want to see a momentum breakout before I … Continue reading

Midday Missive

Two Important market tells for the rest of the day. AAPL…sustained price action and a close below 113.85 would cause the board to go Risk off. This is an ORL #, which means you always have to be wary of … Continue reading

A.M. Look 11/19/14

Stocks… DAX… The weekly ORH # is 9400, the level that needs to hold on a break. 9510 is today’s 200 DMA. All new closing strength over this resistance level is needed for a test of 9820. MVV…71.31 is support … Continue reading

Midday Missive

OIL…remains under pressure. A close today under 74.70 either month is negative. 74.46 is long term mvg avg support. Once below look for a test of the 69-70 decade fib support. This will be a do not sell zone the … Continue reading

A.M. Look 11/18/14

Stocks… DAX…put in an ORH day with a close over 9290. The weekly ORH # is 9400. Closes over 9490 will have European equities take the lead upward. CAT…closed right on it’s ORH # of 101.70. Investors looking at this … Continue reading

A.M. Look 11/18/14

Stocks… DAX…put in an ORH day with a close over 9290. The weekly ORH # is 9400. Closes over 9490 will have European equities take the lead upward. CAT..closed right on it’s ORH # of 101.70. Investors looking at this … Continue reading

Midday Missive

FTSE…has been making a 3 month Head & Shoulders bottom. 6665 is today’s 200 DMA, a level the FTSE has not closed above since putting in an ORL day Sept. 25th. FTSE needs a couple of closes above this level … Continue reading

A.M. Look 11/17/14

Stocks… Nikkei…Japan is putting an ORL day with a close below 17,335. 17,175 is first support and the downside momentum level. ASX 200…5431 is today’s ORL # as well as the 200 DMA. Spu’s…2020-22 is support and the closing downside … Continue reading

The Late Show

TQNT…is attempting an ORH day with a close over 22.58 SOXX… is putting in a Bullish pattern. Today’s ORH # is 87.98. Upside follow through into next week should target 91. TSLA….is attempting an ORH day with a cloud breakout, … Continue reading