Tag Archives: 30 year Bond Futures
A.M. Look 1/14/16
Stocks… Use yesterday’s ORL #’s for initial resistance. Only sustained price recovery over these levels will lead to a meaningful short covering rally. Nasd 100…4236.50QQQ…104.08Spu’s …1899 Bonds… 30 Yr. ..You’re going to get reactions off the Fib extensions as you … Continue reading
A.M. Look 1/14/16
Stocks… Use yesterday’s ORL #’s for initial resistance. Only sustained price recovery over these levels will lead to a meaningful short covering rally. Nasd 100…4236.50QQQ…104.08Spu’s …1899 Bonds… 30 Yr. ..You’re going to get reactions off the Fib extensions as you … Continue reading
A.M. Look 1/13/16
Stocks… Spu’s…the target for this rally is 1973. This is the exit zone. Spu’s are having an oversold bounce. Nasd 100..4400 +- a couple is resistance NOV… has one of the cleaner patterns in the Oil patch with room for … Continue reading
A.M. Look 1/12/15
Stocks… Spu’s… Nasd 100.. AAPL… The Indices and AAPL are flashing oversold and trying to turn up for a mid week bounce. I’m not reading anymore into it than it’s attempting an oversold bounce into Options expiration Friday. Last night’s … Continue reading
A.M. Look 1/10/16
Stocks… Spu’s…near term resistance is last night’s high of 1928.50. Holding above 1937.50 late day is needed for a mid week rally. AMZN…is coming into support on the weekly charts. This is a bounce zone the first time down. GOOGL…shows … Continue reading
A.M. Look 1/8/16
Stocks… Spu’s…near term sell stops are under yesterday’s last night’s low of 1928.50. Nasd 100…4265-75 is the next oversold bounce level. XLE…54.26 is the 2011 low. Ultimate fib support is closer to 50. XOM…the pattern is hardly an advertisement to … Continue reading
A.M. Look 1/7/15
Stocks… Spu’s…1933 is as good a # as any for a short term bounce. Nasd 100…4265-75 is the next oversold bounce level. AAPL…94.77 is semi-annual trend with macro stops below 92. XLE…54.26 is the 2011 low. Ultimate fib support is … Continue reading
A.M. Look 1/6/16
Stocks… Spu’s…below 1980, 1961-3 is the next extreme. It’s a cover zone that should bounce the first time down. AAPL…94.77 is semi-annual trend with macro stops below 92. @ 40% off last year’s high it’s a good place to look … Continue reading
A.M. Look 1/5/15
Stocks… Spu’s…1990-92 needs to hold on the P&F for another bounce. Closing under 1980 leaves way for a much bigger correction as laid out in the qtrly update. Nasd 100… 4550-75 is resistance. Bonds… 30 Yr. …bonds can lose steam … Continue reading