Apple… for the moment,is showing some nice bottoming action. 408.40 is the ORH level for today. A close over this level would lead us to believe the worst is over for AAPL. The key to this price action, is for … Continue reading
CAT…is attempting an ORH day. As long as this holds 82 on the breaks we’re looking for a test of 84.75 and then 86.30. GOOG…breaks out on the weekly charts with a close above 803. The risk on any long … Continue reading
GS…just elected the weekly stops below 141.78. The next set of stops are below 140.34. Look for a test of 138.20 if we don’t recover above 142 today. AAPL…has finally failed below 419. Failure to regain traction above the level … Continue reading
Raise your trailing stop on 25% stake in the SSO to 74.82. This is a straight stop order and you should still sell another 25% stake when the Spu’s trade 1591 +- a couple. Don’t get greedy up here! GOOG has … Continue reading
Spu’s…592.50-593.30 is support. Gold…needs over 1486 or under 1440 for a new signal. 1536-39 isgood low risk resistance. Lower retests are 1420 followed by 1400. Silver…24.30 is resistance and the upside pivot. Buy stops are 24.80 which could lead to … Continue reading
JJG…is stuck…This instrument needs a close over 52.60 or under 51 for new direction. VIX…is coming into resistance. TBT…66.60 is trad able support CAT…today’s low is good for now, however this needs back over 90 to see more upside. AAPL…we’ve … Continue reading
Welcome to unenjoyment…and for your added pleasure USDA Crop Report @ 11:00 CDT. Where’s Beeks when you really need him! AUD/JPY…97.76 is last months high( maintaining above is price positive). This will trade up or down with the Spu’s. EUR/JPY…maintaining … Continue reading
The value trade appears to be shaping up as AAPL. 419-420 was the level and former gap we took off from in 2011. I’m looking for a test of 437 off the daily charts. A close over 442 would signal … Continue reading
Yesterday we put forward some Oil names and Natgas infrastructure names we like on weakness. The Materials are trying to put in a descent low. Platinum… buy stops are 1630. Copper…is attempting an ORH day, however this needs over 360 close … Continue reading
EUR/JPY…is in major profit taking mode after USD/JPY printed the 94.16 tgt. 122.35 ish then 120.65 are the significant Fibs coming back on the year, with 120.65 the low risk buy zone. Yen Futures…108.60-70 is mvg avg resistance. A close … Continue reading