Stocks.. Looks like most of the world has deemed Congress irrelevant, however the emerging markets look open for business. RSX (Russia), VNM (Vietnam),PIN (India) all have great chart weekly patterns. OIH & XLE are the two etf’s to keep on … Continue reading
AUD/USD…is still firm on the crosses and looks poised for higher with any type of Risk On board. FXA… as long as this closes above 93.80 look for a move toward 98.Aussie is higher on the qtr and presently looks … Continue reading
Stocks.. Bonds FX… AUD/USD….94.59 is the ORH weekly # GBP/JPY…shows a monthly double top working on an ORL week to the downside. USD/JPY…96.63 is the 200 day today (app 103.48 Futures) Commodities… Oil…104.70 resistance. Look for price rejection the … Continue reading
We were stopped out of the remainder of the AUD/JPY @ 91.00 with a 90.91 low. I chose the correct stop yesterday. Serves me right for micro managing. I still like the idea of the trade. I’m friendly to the … Continue reading
Stocks.. Spu’s…1692 is first resistance. Bonds 30 yr….131.28-05 is the bigger support leveland the downside pivot. FX… AUD/JPY…92.60 is resistance EUR/JPY…132.10 has to hold on a closing basis to remain firm. GBP/JPY & CAD/JPY are both sitting on support. EUR/AUD…is … Continue reading
Stocks.. Spu‘s…1682.50-1683.50 is support and the downside pivot. Nasd 100…needs a close over 3240 for higher. DAX…8665-80 will be the pivot Bonds30 yr. Bonds…132.15 -18 is the support zone.Bund…by holding above 140 this has the potential for another 200 hundred … Continue reading
Stocks.. Spu’s…1682.50 is the final hold #. Bonds Bunds… are into weekly resistance around 140. 30 yr.…133.11-15 is resistance and the upside pivot. FX… Kiwi…8160-70 is support AUD/JPY…91.50 is support Commodities… General Comments orValuable Insight Pay attention to the opening … Continue reading
Stocks.. Spu’s…1682.50 is the final hold #. Bonds Bunds… are into weekly resistance around 140. 30 yr.…133.11-15 is resistance and the upside pivot. FX… Kiwi…8160-70 is support AUD/JPY…91.50 is support Commodities… General Comments or Valuable Insight Pay attention to the … Continue reading
Stocks.. GDX…Look to have more room on the downside than the GDXJ. GOOG… 875-77 should bounce the first time down on a short term chart. GS…163.50 should bounce the first time down. JPM…needs to hold above 50.25 close to avoid … Continue reading