Stocks… Nasd 100…4554 is first resistance. Bonds … 30 Yr. Bonds…157.28-30 is initial support. FX… GBP/USD…155.10 is resistance. Below there is room for a move to 153.80 the 200 DMA. AUD/USD…73.32 is support and the downside closing momentum #. NZD/USD…needs … Continue reading
I’m out of here before the bell today to catch a 7 A.M. flight. I pretty much covered everything in the video. Today is usually more about the Bonds, Dollar and the precious metals. 30 Yr. Bonds…have to reject @ … Continue reading
https://www.youtube.com/watch?v=1gCre3x3wU0
Stocks… Spu’s…2080 will act as support and the downside pivot. Nasd 100…4563 will be support and today’s momentum #. 4633-37 is closing resistance. All new strength over this level is needed for another leg up. Bonds … 30 Yr. Bonds…155.10 … Continue reading
Stocks… Spu’s…2080 will act as support and the downside pivot. Nasd 100…4540 is support. below look for a retest of 4508. PANW…184 is weekly momentum and the closing downside pivot. GOOGL…620 is support and the closing downside pivot. Bonds … … Continue reading
Stocks… Equity Indices…the volatility chart gave a sell signal yesterday.Investors should be in no hurry to purchase equities until such time as I get a bottoming indication and a confirmed buy signal again. FB…has to hold 92.20 on a closing … Continue reading
Stocks… Nasd 100…4591 is resistance. Spu’s…2095 is the 50 DMA. This is now support. The long term P&F shows resistance back @ 2119-20, however you need to see all new strength over 2104 to get going. DIG…the energy ETF’s trade … Continue reading
I pitched my calls in the TBT. They were either going to be golden today or not. Not!! Oil…is now caught between 48.50 & 49.50. Two of my favorite names today are CL & Nike. Nike is attempting an ORH … Continue reading
That should be about it for the Oil today. If we see a marginally higher high later in the session it should be viewed with skepticism for it can be a bull trap. Financials have been ripping all A.M. following … Continue reading
Stocks… Nasd 100…4591 is resistance. 4500 is support. The QQQ & Nasd U.S. only session put in ORH days and both are seeing pattern follow through this A.M. Spu’s…2095 is the 50 DMA. Above, this would also match up with … Continue reading