Tag Archives: Aud/Usd
A.M. Look 2/9/16
Stocks… Spu’s…1854 is resistance, half way back on the week. You would not want to see price action much above that. GOOGL…the short covering started here late day yesterday. You’d need closes over 713 for the short covering rallies to … Continue reading
A.M. Look 1/22/16
Stocks… Spu’s …1992 is first resistance. 1909-13 is the exit zone for new longs. Breaks today into unchanged on the week 1877 Spu’s & 4130-40 Nasd 100 should initially be met by buyers in the U.S. session. Bonds… 30 Yr…..158.09 … Continue reading
A.M. Look 1/6/16
Stocks… Spu’s…below 1980, 1961-3 is the next extreme. It’s a cover zone that should bounce the first time down. AAPL…94.77 is semi-annual trend with macro stops below 92. @ 40% off last year’s high it’s a good place to look … Continue reading
A.M. Look 12/16/15
Stocks… Spu’s…are unchanged on the year. 2069 is closing resistance and the next upside momentum #. SPY…207.30 is resistance. 203 would be a low risk buy. DAX…10,580 is resistance and the closing upside pivot.IBB…needs a sustained price action and a … Continue reading
Midday Missive
The Spu’s are hoping to get rescued by an Oil rally. For Oil to put on a rally the Point & Figure shows it has to hold today’s low. I have no idea which side of the market is more … Continue reading
A.M. Look 12/10/15
Stocks… Spu’s…it’s in the middle. Much above 2055 resistance it can run back to 2070 again. Closing today below the mvg averages would not portend well for next week.Spu/Bonds are sitting on the 50 & 200 DMA cross…The spread needs … Continue reading
A.M. Look 12/9/15
Stocks… Spu’s… 2049-46 is the key mvg avg convergence level where the 50 & 200 DMA meet. This is the closing area that will run the next swing. Above the Indices remain firm led by the momentum names. DD…Du Pont … Continue reading
A.M. Look 12/8/15
Stocks… CMG…this is where the day traders are playing. 516 83 will be pivotal. Anything into 500 can trap shorts. GOOGL…weakens below 760. AMZN…weakens below 660. Spu’s…weaken under 2064. Nikkei…breaks down under 19,380. December Futures expire Thursday. Bonds… Bund…the Dec … Continue reading
Midday Missive
The Metals, Miners and the commodity currencies KIWI & Aussie are in play. Gold is bottoming. A close over 1080.70 puts in an ORH week. Do not fade the pattern. If you get one more 50% retrace today in the … Continue reading
A.M. Look 12/2/15
Stocks… Spu’s…the levels haven’t changed all year. Buy stops are over the Nov. high of 2110.25. 2123 is closing resistance and the upside pivot. Buy breaks in the Spu’s to 2080 with a couple of handle stop. MSFT… has been … Continue reading