Monthly Archives: February 2016

Nasd 100

4102 The “weekly ORL#” will be the 50 yard line for the rest of the day. A slight chance of recovery above. No chance failing any rally up to it!!!!! Sustained rice action under 4102 should lead to a test … Continue reading

Midday Missive

GOOGL…713 is the end of day closing level to avoid an even more negative pattern. Daily momentum breakdown is 701 leaving way for another 40 dollars.​ ​LNKD…109.80 is the hold level form 2013 and low risk buy zone.​ The late … Continue reading

A.M. Look 2/5/16

Stocks…Spu’s…need to hold 1894 to have a bid tone Last months unemployment high was 1965.Any prints up here is a sell before you buy.   Nasd 100…needs over 4200 resistance and hold above 4200 to mount a rally.   DAX…9678 … Continue reading

Euro…Upside

Rejected @ 112.40 It’s a big level. after just rejecting it’s opening range again @ 112.27 in the Futures..That should be it! Price action over that level would have me looking for112.96 cash ( Just a smidgen over 113.00 futures)

A.M. Look 2/4/16

Stocks… AMZN…closed below it’s 200 DMA for the first time since Dec 2014. GOOGL…a good close below 735 is needed for another big sell off XLI…as long as this sector holds a sell off into the low 49’s and does … Continue reading

Energy…XLI

XLE…is putting in an ORH day ​OIL…​is putting in an ORH day ​These are price positive formations XLI…Industrial s is doing the same​

Midday Missive

This day is not remotely over. The Spu’s will need help form the Oil which needs to get over 32 and stay over 32 for the Spu’s to stay in rally mode this afternoon. The Dollar has come too far … Continue reading

A.M. Look 2/3/16

Stocks… Spu’s…1909.50-1913.50 remains a pivotal level. Bonds.. 30 yr….The low risk daily buy level is 161.02. FX… GBP/USD…145.40 is the plaza accord Fib that has been pivotal for years, above look for 146.50-60. Yen Futures…84.20 is fib resistance. CAD/JPY…held daily … Continue reading

The Late Show

AMZN…below here I’m looking for 490. Support on the semi-annual maps start start! @ 434. GOOGL…closing below 778 will have seen a blow off earnings high. FB…a close below 112 today puts in a trad able high. Gold…didn’t break anywhere … Continue reading

A.M. Look 2/2/16

Stocks… Spu’s…1909.50-1913.50 remains a pivotal level. Bouncing on hard breaks into the level. It will take closing below this level for further downside. Googl….hit it’s first fib extension after the close and has since backed off below the old all … Continue reading