AAPL…588.70 is the 200 day mvg avg. CAT…86.04 isĀ last months close and puts this instrument basically sideways for the past 5 months MMM…90.46 is the monthly ORL # IBM…193.25 is the monthly ORL #
Nasd 100…got to our tgt area which was close to the 200 day mvg avg. in the 2650’s, a level we have not seen since July when we were trading around 2515. Resting buy stops are over 2688. Oil…91.50 (Z) … Continue reading
Our exit level has been reached. Investors who wish to remain long should use a breakeven stop on the remainder of your holdings.
There is a potential double bottom in place. Price action back over 635 will be bullish.
AAPL…is till running the show This is holding closing support @ 623-19 Do Not fade this price action back up today.
Nasd 100…2715-20 now becomes the key hold level and near term pivot. Spu’s…the resting stops are below 1425. EUR/AUD…we don’t expect to see much below 125.33. Euro…128.22 is the 200 day mvg avg. This is a better buy level than … Continue reading
Nasd 100…2765-68 is first support. 2740 ish is the next significant level. USD/JPY…77.65 app 128.80 futures is resistance in the Yen. EUR/JPY…all new price action under 100.90 will be needed for more Yen strength and Euro weakness. Euro…needs all new … Continue reading
642-644 AAPL has been our downside tgt area. The bigger Fib matches come in around 636 with weekly support at 632
Today’s low was just shy of the 18 day mvg. avg. of 681.35 700 is resistance on top. Closing back over 700 will start another swing to new highs.