Stocks… AAPL…529 is the key resistance and the upside closing pivot. NFLX…closing over 331 projects another 20 dollars higher. NFLX is attempting an ORH month as long as it holds 320 on breaks. Nasd 100…is trading @ the 2/3rds of … Continue reading
Stocks.. GOOG…is good as long as it does not print 864 PIN…by maintaining over yesterday’s high, this tgt’s 18.46 next. FXI…38.90-39.02 is the next resistance area. Once above look for another dollar EWW…maintaining above 66 gets this moving to … Continue reading
Today’s Working Orders… Sell 1/2 AUD/USD @ 95.14. Sell 1/2 FXA @ 95.10. ETF traders were filled on selling 1/2 their FXA long. ETF traders should now raise the trailing stop on the remainder of your position to 92.20 Stop … Continue reading
Stocks.. Nikkei & Dax are both hovering over the qtrly upside pivots. Rio…by maintaining over 48.90 this should test 51 Bonds FX… USD/JPY…needs a close over 98.85 to start another leg down. AUD/USD…we think this is a win win … Continue reading
I’m not adding any risk going into the weekend. We’ll stand pat with the Aussie. Futures Traders can play Sunday night. Spu’s & Nasd Futures… holding and breaking out of the opening range to the upside Sunday can be played … Continue reading
Stocks.. Spu’s…1676 becomes near support. Only price action under 1671 changes the pattern. Maintaining and closing over 1687 will lead to a test of 1705.1692.25 is the weekly ORH # Nasd 100…3251.25 is the weekly ORH# Nikkei…closing and maintaining over … Continue reading
Stocks.. Bonds FX GBP/USD….are testing the 159.40 pivot level. They either bottom right in here or break another 200 points. USD/CHF…is putting in an ORH day. The Swiss Franc is breaking back to the downside, which is reflective of less … Continue reading
We’re not getting any love from this position. The only thing that has me wanting to keep this is the major puke in all the momentum stocks. VIX…22 is next resistance and tgt. Above that you’re looking at 28. The … Continue reading
97.47 ( App 102.59 Futures) is today’s OR # Running the stops through this level will lead to a test of 97.85 (102.19 Futures). With a little help from the Equity Indices we can hopefully get filled selling 1/2 our … Continue reading
Stocks.. Spu/Bonds…is sitting on the 18 week mvg average.This is a big go or no go level! The last time we touched this line was April 8th and it held for a very big move in the spread. In April … Continue reading