We made bou coo dollars in this last year. It’s trying to lift it’s head up off the mat. A close over 7.15 should lead to a test of 7.70-8.00
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
Buy the TLT with a closing stop below today’s low. We’re Closing out Selling Long positions ANR and EWZ… For the past month investors have been selling AAPL and buying everything else. This looks to be going into profit taking … Continue reading
EWZ…by remaining over 56.60 we will remain Long into tomorrow. ANR…This could be forming a possible head & shoulders pattern which is price negative. Our last buys were app 9.33, we’ll give this one more day to get something going … Continue reading
Nasd 100…2705 becomes the key hold and closing level for the rest of the week. 2728 is today’s resistance. The major lower retrace Fibs & Avg’s come in at 2665-55. AAPL…the 460’s is the first fib from the 2008 low. … Continue reading
Sell 30% @ the market! Let ‘s take some money off the table.
EUR/JPY & AUD/JPY…last night’s lows both came down into mvg avg support which held. Closing under those lows will lead to a descent correction. For now it’s just some profit taking and noise coming out of Davos. USD/JPY…our futures levels … Continue reading
Oil…Feb. expires today. March is the Month you should be following. Natgas…Feb. expires next Tuesday. 3.71-3.76 is resistance in either month. Soybeans…closing and maintaining over 14.60 will lead to a test of just over 15. USD/JPY…we were looking for 90+ … Continue reading
GS…by remaining over 139.20 this can seek 149 AAPL..511-515 is resistance with sustained action over 519 needed for higher. 498 is current support. AGQ…double long Silver has closed two days now over the 200 day. As long as this closes … Continue reading