Tag Archives: AUD/JPY
A.M. Look 8/25/15
Stocks… Spu’s…1950 will act as resistance. Anything over 1964 is an exit zone the first time up. Bonds … Bunds…153.82 is first fib support. FX… AUD/JPY…is pretty much the same chart as the Spu’s. 86.86, last night’s high,is first … Continue reading
A.M. Look 7/28/15
Stocks… Spu’s…2060 is the 200 DMA. Looks like we’re in for another test of this level. Nasd 100..4509 is fib support with 4500 being today’s 50 DMA. This is a cover zone the first time down. You’d expect a bounce … Continue reading
Midday Missive
From the lower end back to the upper end of the trading range. From the spreads, this is price action that should not be faded into today’s close. AGN..has the lowest risk profile of the major Pharma names today. 303 … Continue reading
A.M. Look 5/13/15
Stocks… Spu’s…a couple of closes over 2120, where the resting pattern buy stops are, is needed to re kindle a feeding frenzy in equities. VIX…I’ll look to give this another go in the mid to low 12’s via a long … Continue reading
A.M. Look 5/12/15
Stocks… UVXY…I’m going to Cancel my resting order to Sell @ 10.38. I want to give this some room to work. Price action over 10.50 can see this gain upside momentum. I’ll monitor the price action this A.M. and place … Continue reading
A.M. Look 5/6/15
Stocks… GEVA…is today’s big winner. Biotech lottery is in full swing. Spu’s… seem stuck between 2065 & 2095. I’m not looking for follow through trade. Bonds … Bunds…155.74 is the key feature. Maintaining and closing below this level would mark … Continue reading
A.M. Look 5/5/15
Stocks… Equity Indices will be all about the mid-week shuffle. They’ve tried up early week. We need to see where they hold late week. Bonds … Bunds…155.74 is the key feature. Maintaining and closing below this level would mark the … Continue reading
A.M. Look 4/28/15
Stocks… IBB…347 +- a couple has to hold to avoid a deeper correction. XLK…43.46 needs to be monitored for a potential monthly double top. Bonds … Bunds…159.00 is the qtrly pivot. A close under the 50 DMA @ 158.84 is … Continue reading
A.M. Look 4/2/15
Stocks… Deutsche Bank & GS were two of the highlights for the bulls. DB’s.. low was 34.71. As long as that holds look for an initial move to 37. GS… Put in an ORH day. This is a long against … Continue reading
A.M. Look 3/4/15
Stocks… SPU’s…2093-95 will be pivotal all day. The index can hold here, however sustained price action under will lead to more profit taking. DAX..11,200 is the hold level. Sustained price action below this level will have me looking for a … Continue reading