Stocks… DAX…A close above 9110 should be treated as an upside break out. XLE…looks positive. DIG…has been lagging XLE. Sustained price action and a close over 65.00 is an upside breakout. Look to play these ETF’s form the long side … Continue reading
Stocks… Spu’s…got to resistance @ 1956 with a good reaction off the level. Point & Figure chart shows Bears need to see sustained price action under 1928-30 for lower. Nasd 100…shows small support @ 3962 with sell stops @ 1339.50. … Continue reading
AUD/JPY…94.85 is today’s momentum level just above the 200 DMA @ 94.63. All new price action is needed above this level for follow through in the cross. This seems to be matching up with 1941 in the Spu’s. EURO…weekly breakdown … Continue reading
Stocks… Spu’s…as seen on the point & figure, after 5 days of a relentless 100 point rally with no consolidation, we finally got some back and fill yesterday. Now we have a range to judge the next move. Sustained price … Continue reading
This is a protective Buy stop for the current short Aussie position. This is closing position if elected. BUY AUD/USD @ 88.25 Stop. Futures traders use 87.85 Stop I robotic ally take the first 70-80 point directional move to pay … Continue reading
Stocks… Equity Indices have exceeded all my # sets for this rally. They’ve all come too far not to have some profit taking or back and fill. SHCOMP…is attempting an ORL day, however it’s sitting right on 200 WMA support … Continue reading
EURO…127.31 is today’s ORL #. A close below this level today will see the start of new weakness in the Euro. The first support level is 126.90-96. This is also the downside closing pivot for more weakness. AUD/USD…I just sold … Continue reading
SELL 4 AUD/USD @ the market!
Stocks… VIX…21.50 is the 200 Month mvg avg and the high of the volatility spikes over the past 20 months. This is the place to match up an interim low in the Spu’s for a bounce. Spu’s….1900-02 is the 200 … Continue reading
Stocks… SPU’s …need sustained price action back under 1954 to weaken. 1972 is today’s resistance and closing upside pivot. GOOGL…needs sustained price action and a close over 591 to held propel the indices higher.VIX…13.55 is support where the 50 & … Continue reading