Tag Archives: Aud/Usd
A.M. Look 7/3/13
Stocks.. Spu’s…a close under 1590 would be negative. Nasd 100…a close below 2888 would be negative. Bonds… 30 yr. Bonds…by maintaining above 135.00 this has the potential to reach 137.20-24. TLT…needs to maintain above yesterday’s low. Price action above 110.80 … Continue reading
A.M. Look 7/2/13
Stocks.. VNM…needs to maintain above 18.90 and close over 19.15 for higher. FXI…needs a close over 32.90 for bottoming action. EWZ…needs a close over 44.50 for bottoming action. EPI…could get as high as 16.95 Nikkei..14,150 is weekly resistance. 13,900 is … Continue reading
Midday Missive
GLD ETF…expect price rejection anywhere close to 122.88 the first time up.( App 1275 August “Q” Gold. Do not try to buy strength into this level. This instruments is buy on dips, not on strength. A close over 123.91 would … Continue reading
A.M. look 7/1/13
Stocks.. Spu’s…are stuck. A new signal will be generated if we close over 1615 or under 1590. GDX… 25.17-44 is first daily resistance. GDXJ…38.48 is resistance followed by 40. No you’re not seeing things! This closed at 9.16 on Friday. … Continue reading
A.M. Look 6/27/13
Stocks.. Spu’s…resistance starts around 1619 with the mid to high 20’s possible over the next 2 days on an overshoot.. Bonds… 30 Yr….has been holding the breaks. Look for full point moves. 136.00 +- a few is first resistance. 134.00 … Continue reading
A.M. Look 6/20/13
Stocks.. Spu’s…there are resting sell stops @ 1596. We’re presently sitting on daily support @ 1606 In Sept. Bonds… 30 Yr. Futures…136.00 +- a few is the qtrly tgt and a go or no go level for another move, which … Continue reading
A.M. Look 6/17/13
Stocks.. Spu’s…are at resistance and very near the closing upside pivots. Spu/Bonds… are once again hugging the 18 day making new direction tough to discern. Bonds… We’ll look tomorrow for the next move. FX… AUD/USD…96.73 is the next resistance. Closing … Continue reading
A.M. Look 6/13/13
Stocks.. Spu’s…1565 is the over run level I’m looking for to buy. SPY…158.60 followed by 155.60 SDS…has to close Friday over 41.50 to show a good low has been put in. Nikkei…12,500 held DAX…8000 held Bonds… Bunds…143.75 is resistance and … Continue reading
A.M. Look 6/12/13
Stocks.. Nikkei…is putting in a bottoming formation with an inverted head & shoulders on the daily charts. Last nights low of 12,990 has to hold for this pattern to be correct. Bonds… 30 Yr….can rally to 141.08 ( Sept.) and … Continue reading