Pro Tips

Weekly Volatility Buy Signals

Spu’s Nasd 100 Nikkei Midcap GOOGL AMZN Crude USO Nikkei Recap: we held a mid week low, with trend turning up into mid week next. We had a B.S. break into Mid Day to get long the Equity Indices against … Continue reading

Midday Missive

BUD…120.19 is the weekly ORH #. DIS…gains upside momentum with a close over 97.19 AMZN…remains firm above 589. CA6H…71.12 Futures is the weekly ORH #.

A.M. Look 1/22/16

Stocks… Spu’s …1992 is first resistance. 1909-13 is the exit zone for new longs. Breaks today into unchanged on the week 1877 Spu’s & 4130-40 Nasd 100 should initially be met by buyers in the U.S. session. Bonds… 30 Yr…..158.09 … Continue reading

A.M. Look 1/21/16

Stocks… SHCOMP…Stopped the rally in Asia at daily trend   Spu’s …needs above 1882-6 for an upside momentum breakout. Price action under 1836 leaves way to 1808. A close below leaves way for 1724 via 1775. Nasd 100…4176 is daily … Continue reading

Bottoming Action?

The Late Show

GOOGL…725.35 is today’s ORH# AMZN…584 is today’s ORH# As far as treating that as the low for a while I can’t say as I blame you. I would like to see all today’s buyers run out into the close with … Continue reading

Oil is running the board

There is no bounce in the indexes. FB,NFLX,BUD,XLU are trading under their 200 DMA’s A couple of levels to match up with a panic today which could line up with the weekly mvg 200 avg in the Spu’s close to … Continue reading

30 Yr. Bonds

The daily Pit gap gets filled @ 159.24…yesterday’s high. You’ll need a re access the board upon this gap being filed. It should line up with an initial high in the Spu’s.

A.M. Look 1/20/16

Stocks…Spu’s …1849.50-56.50 is a retest level that needs to recover over for any rally. At some point today i would expect a look at the level which is the old pit lows. From there it has to power up through … Continue reading

The Late Show

Tomorrow there is a CME WTI Crude expiration. The Oil patch will have to wait for tomorrow. Spu’s…will be a late day affair. So far every rally has failed. NFLX…needs a close over 113.50 for this to be more than … Continue reading