Stocks.. IBM…200 is monthly resistance matching the 200 & 50 day mvg avg’s. This is macro resistance requiring a couple of closes over this level for higher. Nasd 100…the close below 3065.50 puts in an ORL day. 3023 is the … Continue reading
Stocks.. Spu’s…have a potential double top @ 1680. A close under yesterday’s low would lead to a sell off. Bonds… 30 yr….are still trying to break out to the upside. The first test should be 135.27-136.00. As long as 134.20 … Continue reading
AAPL…this needs above 432 to gain upside momentum. Emerging markets. FXI… (China) a close above 33.65 will start another leg higher. EWZ…(Brazil) investors are bottom fishing here today. This needs to maintain and close over 43.10 for higher. This was … Continue reading
Stocks.. QQQ…76.05 is a level that can reject the first time up. The longer term upside tgt is 82 as long as 72 holds on breaks. Bonds… 30 yr….135.00 remains resistance and the upside pivot. FX… Euro…needs a close under … Continue reading
Stocks.. Everybody is all in long. Look for names that have not had big moves with RSI in the High 70’s or 80’s. Bonds… 30 yr. is right at resistance @ 135.00. The level has not changed. Bunds…143.75 is closing … Continue reading
Nasd 100..wants to print 3044 the old high. Then you might see some profit taking. Spu’s…The next measured swing count is to 1687, however failing @ today’s opening range we would have to close under 1655 to signal a short … Continue reading
Buy the TLT @ the market with an intra day stop @ 107.35. Sell 1/2 ( take partial profit) @ 109.10
Stocks.. GOOG…924 was the old pre-market high and tgt. This level will run the next swing in GOOG. NFLX…248.85 is the old high, 262 is next resistance. DAX…is over the 8000 pivot. Bonds… 30 yr….The long term point & figure … Continue reading
Stocks.. Spu’s…1657 is the next measured tgt. Bonds… 30 yr. Bonds…still need to sustain above 134.00 for any upside to materialize Bunds…143.15 is the first level to look for price rejection. FX… AUD/JPY…92.77 is the 200 day mvg avg.is resistance … Continue reading