Pro Tips

Midday Missive

GBP/JPY…resting sell stops are @ 181.50. Electing those stops could lead to 179.00 There is plenty to roil the market this A.M. in Europe including more fighting in the Ukraine. EFA…price action under 62.60 will elicit more selling of Europe … Continue reading

EUR/JPY

The resting sell stops are @ 142.36. Electing those stops will lead to more weakness in the Euro today. We’re still working an order to buy the cross at 141.25. The cross could go as low as 140.40 and still … Continue reading

A.M. Look 11/6/14

Stocks… DAX…91.60 is this weeks support and the downside closing momentum level. Sustained price action and a close above 93.65 should be considered an upside break out. Spu’s… have a potential double top @ 2020. 1993 is today’s low risk … Continue reading

OIL

Crude…79.50-55 is the exit for the first surge up. Closing over this level is needed for another 1-1/2 dollars up. That was a pretty good high nearing London’s close. XLE & DIG are into resistance areas as well.

A.M. Look 11/5/14

Stocks… DAX…91.60 is this weeks support and the downside closing momentum level. Sustained price action and a close above 93.65 should be considered an upside break out. Nasd 100… 4100-20 is support and the closing downside pivot zone.. Nikkei…could retrace … Continue reading

A.M. Look 11/4/14

Stocks… Nasd 100…you want to buy this Index between 4100-20 with a tight stop. Nikkei…could retrace to 16,450 and still keep the monthly ORH pattern intact. The resting buy stops are @ 18,365 with a tgt just shy of 20,000 … Continue reading

Midday Missive

140.25 is today’s ORL # for the 30 yr. Futures. Sustained price action under 140.25 targets 140.02 next. TBT…should test just shy of 55, today’s 50 DMA.

A.M. Look 11/3/14

Stocks… Nasd 100…you want to buy this Index between 4100-20 with a tight stop. SPU’s…put in an ORH day yesterday. Closes over 2022 start another measured 100 point swing up. Nikkei…could retrace to 16,450 and still keep the monthly ORH … Continue reading

A.M. Look 10/31/14

Stocks… Nasd 100…4074 should be used for early market tone. 4103 is resistance. Closes over 4120 are needed to start a whole new Bull leg higher into year end. SPU’s…put in an ORH day yesterday. Closes over 2022 start another … Continue reading

Midday Missive

It shouldn’t be a surprise that health care related names are keeping the Indices buoyant. 126.30 might be all we see for a rally in Euro. We’ll leave our order working until the end of the day, when we’ll decide … Continue reading