The worm is turning. Pay close attention to the spread which is attempting an ORL day. With the Nasd 100 flirting with 3593.25 (Unchanged on the Year) a close below would send the Bonds up another point. This is potentially … Continue reading
Bund…143.61 is weekly resistance. Closing over this level tgt’s the 144.40’s. Spu/Bonds…the spread either holds right here or it doesn’t. The 30 yr. futures have made a higher high by a tick, which could be indicative of another directional trap. … Continue reading
Stocks… Spu’s…(M) 1871 will act as resistance. 1857 is the February close, which will act as a short term pivot. Nasd (M)…3691 will be resistance. 3700 is the February close, which will act as a short term pivot. 3615 is … Continue reading
Stocks… Spu’s…(M) 1874-5 will act as resistance and the upside pivot. Nasd (M)…3700 +- a couple will be resistance and the upside pivot. APM4…ASX 200 Futures need new closing strength as well as sustain over 5360 to start another rally. … Continue reading
Stocks… Spu’s…(H) show a possible head & shoulders top on the daily chart. A close lower on the year ( below 1841) is needed to confirm the pattern. Nasd (H)…3661 is support and the downside pivot. Once below 3610 ( … Continue reading
Stocks… UA…has the potential to run another 20 dollars into month end as long as there is no close below 119. AAPL…532-534.50 is resistance. AMGN…127.42 is this years high and a potential double top level, however once through 132 is … Continue reading
Stocks… Spu/Bonds…have two negative patterns that followed through to the downside, followed by yesterday’s positive formation which is now retesting the breakout. Be very patient to let the board play out today. Bonds 30 Yr. Bonds (H)….135.15 is resistance and … Continue reading
Stocks… Nasd 100…(H)…. 3595-3605 is the cover zone for shorts, right into the 50 day mvg avg support zone. Buy stops are @ 3661 with 3675 first resistance. Spu’s…(H) currently need over 1853.00 for a recovery. Spu/Bonds… are currently trading … Continue reading
The 30 Yr. Bonds are leading the parade with a double top @ 135.15 (H). Spu’s (H)…need to sustain over 1852.50 for higher. Think SPU/BONDS. The spread is running the world. What’s absent from the early wiggle is the lack … Continue reading