Tag Archives: Aud/Usd
Midday Missive…Currencies
GBP/USD…159.85 is the 50% Fib for the past 2 years. Sustained price action below this level projects to 158.50. AUD/USD…still targeting 85.00 USD/CHF…96.80 is the next closing momentum level. (103.30 Futures) is support and the closing downside pivot.
A.M. Look 10/3/14
Stocks… SPU’s …need sustained price action back under 1928 to weaken. Everyone is looking at 1954 ish for resistance, however the Point & figure has room for a move as high as 1967, which would definitely screw the most amount … Continue reading
A.M. Look 10/2/14
Stocks… Nasd 100…4016 is resistance. 3948 is weekly support. FB…could go as low as 75.40 and snap back, however a close tomorrow under 75.95 will have this name heading south for as much as a 10% correction. VIX…17.50 is weekly … Continue reading
A.M. Look 10/1/14
Stocks… IWM…put in an ORL month. Russell continues to be the dog with fleas. 107.44 is the next set of macro sell stops. If these get elected look for another 8% down. SPU’s…sustained price action and a close under 1954 … Continue reading
A.M. Look 9/30/14
Stocks… IWM…ran the monthly ORL stops below 109.86. Sustained price action and a close below this level opens the door to 107.44 ( the qtrly ORL #). Spu’s…1958.50 filled my downside objective for this move. Price action and a close … Continue reading
A.M. Look 9/29/14
Stocks… IWM…ran the monthly ORL stops below 109.86. Sustained price action and a close below this level opens the door to 107.44 ( the qtrly ORL #). Spu’s…1958.50 filled my downside objective for this move. Price action and a close … Continue reading
Midday Missive
SSO…119.58 is support. A close over 121.00 ( resistance and the upside momentum # is needed to confirm the low. LNG…80.36 was last months close. This is a pivotal area. Good above/ negative below. AAPL…102.14 is the closing upside pivot … Continue reading
Midday Missive
SSO…119.58 is support. A close over 121.00 ( resistance and the upside momentum # is needed to confirm the low. LNG…80.36 was last months close. This is a pivotal area. Good above/ negative below. AAPL…102.14 is the closing upside pivot … Continue reading
A.M. Look 9/23/14
Stocks… DIG…74.75 is monthly support. 78.31 is resistance and the Monthly ORL #. DAX…by staying below 9730, look for Dax to break in 80-100 point increments. 9560 is today’s 200 DMA. Nasd 100…has to close over 4080 mvg avg resistance … Continue reading
A.M. Look 9/22/14
Stocks… IYT…put in a potential topping pattern with an ORL day. Price action and a close under 154.00 is needed for lower. X…put in a potential topping pattern with an ORL day. Sustained price action under 44.60 would leave way … Continue reading