Stocks… Equity Indices…the levels were laid out yesterday in the qtrly update. Nasd 100…should be overextended into 4450-60 AAPL…needs back over 106.10 close for any price recovery. Bonds… 30 Yr. …bonds can lose steam anywhere into 155.00+- a couple of … Continue reading
Just a couple of things to ponder over some holiday cheer. The Five year Bonds have been the weakest part of the curve. The 10’s & 30’s do not show this level of weakness. Both still have long term pattern … Continue reading
Stocks… Spu’s…2054-62 is the level Bulls will look for breaks to hold over the next two days. We’ve seen two equidistant moves over the last 5 trading days. It’s now about where the Dow & S&P close on the year … Continue reading
Unless you own something i would not be looking to sell anything. Copper…is attempting an ORH week. As Long as (H) remains above 2.1250 the pattern is friendly. For all you energy Bulls, here is the canary in the coal … Continue reading
Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading
Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading
Stocks… Spu’s…2031-34 is resistance. A close under 1984 is needed for lower. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed for higher Bonds… 30 Yr. Bonds…156.00-02 is support and the downside pivot. 157.24 starts … Continue reading
Stocks… Spu’s…2031-34 is resistance. A close under 1984 is needed for lower. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed for higher Bonds… 30 Yr. Bonds…156.00-.02 is support and the downside pivot. 157.24 starts … Continue reading
Stocks… Spu’s…2031-34 is resistance. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed to stop the slide. Bonds… TLT…122.61 is the 200 DMA. 124.10-28 is resistance. FX… EURO…a close today below 107.96 opens the way … Continue reading
Stocks… Spy…breaks out on a weekly above 209.25 close. BUD…127.50-90 is resistance. Closes over this area is needed for more strength into year end. FB…106.91 is this week’s ORH # NFLX…sustaining above 122.50 leaves way for 124.35, the next momentum … Continue reading