Monthly Archives: March 2016

April Fool

Posted on 03/31/2016

A.M. Look 3/31/16

Posted on 03/31/2016

Stocks… Spu’s…The only price action I would deem bearish is a gap lower opening under 2048… staying under 2048 and closing below 2038. Probability close to zero. The most likely scenario today is at least a retest of the gap … Continue reading →

Midday Missive

Posted on 03/30/2016

Everybody is all in with AAPL attempting to trade it’s 200DMA @ 111.58. That would basically take the Nasd 100 to it’s first target level @ 4517 +- a couple. It’s definitely not a place to start reaching for anything. … Continue reading →

A.M. Look 3/30/16

Posted on 03/30/2016

Stocks… Nasd 100…ORH pattern with follow through.   Nasd 100…Pit Weekly…the gap starts @ 4519.50 which matches up with the first swing count target @ 4517. This is an exit zone the first time up. SPU with 30 Bond overlay…I’m … Continue reading →

Pre Yellen

Posted on 03/29/2016

30 Yr. …mind the gap…165.20 is the bottom and is an exit zone the first time up. TLT…Lines up just a smidge over 131. A lot of risk assets are expecting a dovish Yellen. FANG stocks and the KIWI have … Continue reading →

A.M. Look 3/29/16

Posted on 03/29/2016

Stocks… The Equity Indices were flashing sell signals on and off all yesterday. The U.S. Indices have not given a confirmed sell signal on my volatility charts. They presently all show an over bought grind. Spu’s…2010 is where the mvg … Continue reading →

A.M. Look 3/28/16

Posted on 03/28/2016

Stocks… The indices have done their thing both ways over the past 2 Globex sessions. From the 200 DMA in the Spu’s @ 2012 to 2040 closing resistance. Closing over 2040 is needed for a 30 point swing up into … Continue reading →

A.M. Look 3/24/16

Posted on 03/24/2016

Stocks… Nasd100/30 Yr. Bonds…put in an ORL day while the Nasd 100 Futures bounced off it’s reversal low of 4383.75 late yesterday only to fail overnight. Today’s daily targets are 4350 followed by 4324. The weekly spread is attempting to … Continue reading →

Bonds Rule

Posted on 03/23/2016

Aussie…Risk Barometer

Posted on 03/23/2016

AUD/USD…75.40 (75.10 ish +- a couple in the Futures) is this qtr’s macro level. Good above/Negative below We’ve already seen a couple off big equidistant swings off this level. The pattern, if completed, is bearish Aussie. This could take into … Continue reading →