Stocks.. Spu’s…needs over 1654 resistance to confirm higher. DAX…8270 is resistance and the upside pivot. Euro Stoxx 50…2790 is resistance and the upside pivot. Nikkei…14.170 is resistance and the closing upside pivot. Bonds… 30 yr…is caught between 132.15 & 131.22. … Continue reading
It’s earlier here… AUD/NZD…is into support with 124.88 being the low end of the support area. EUR/AUD…is right into support @ 123.70-90. The above are exit zones..not levels to press direction
Bunds…140.96-141.01 is support. 142.31 is resistance. Were watching these levels for clues as to direction off the DAX/BUND spread. Copper…maintaining over 377 keeps a positive tone with 382 ish being near term resistance. General Comments… The Equity Indices are still … Continue reading
This is a good Risk chart… The straight Kiwi is breaking down on the weekly charts leading the cross. 126.99 is resistance in this cross..then 127.50 ish. AUD/NZD..up= Risk Off…watch for general market tone.