Stocks… Spu’s…sustained price action and closing 2054 should lead to a running of of the 2033 pattern sell stops and a test of the 200 DMA 2025-22 Bonds … 30 Yr. Bonds… we got the print @ 153.11 last night. … Continue reading
The match game…. 153.11, the 2012 high in the 30 yr. Futures, Fills the gap on the continuation chart. This also sets up with the TBT @ 49, it’s 200 DMA. This is an exit zone the first time in … Continue reading
Stocks… GEVA…is today’s big winner. Biotech lottery is in full swing. Spu’s… seem stuck between 2065 & 2095. I’m not looking for follow through trade. Bonds … Bunds…155.74 is the key feature. Maintaining and closing below this level would mark … Continue reading
Stocks… Equity Indices will be all about the mid-week shuffle. They’ve tried up early week. We need to see where they hold late week. Bonds … Bunds…155.74 is the key feature. Maintaining and closing below this level would mark the … Continue reading
Stocks… Nikkei…19,400 will continue to act as support and the closing downside pivot. Nasd 100…needs price action over 4471 to rally. 4430 ‘s is initial support. IYT…had a big Friday rally. I need to see sustained price action over 157 … Continue reading
Follow the Bonds. Yields up (futures down)= weak Gold & strong dollar. Yen is attempting a downside break out months in the making
Stocks… Every instrument is an Island unto itself. Bonds … Bunds…159.00 is the qtrly pivot. A close under the 50 DMA @ 158.84 is needed to confirm lower. 159.85 is resistance,yesterday’s breakdown level. 30 Yr. …is getting oversold. We’re getting … Continue reading
Stocks… DXJ…56.87 is this years high with resting buy stops above which should test 57.50-75, the 2014 high. Nasd 100…there is a potential weekly double top @ 4441, however once above do not fade. DAX… A close over 12,070 is … Continue reading
Stocks… Spu’s…A close below 2060 is needed for downside. Sustained price action and a close is needed over 2095 for higher. VIX…13.35 is support. Closing below this level is needed for more upside in the Indices. DAX…held the 50 DMA … Continue reading
Stocks… Nasd 100…needs a close over 4335 for more upside. 4355-65 is daily support. Spu’s… price action under 2079 is needed to turn the P&F lower. 2070 is support and the market meltdown level. DAX…I need to see 11,800 hold … Continue reading