Tag Archives: Aud/Usd
A.M. Look 3/29/12
AUD/JPY…has been a good short term barometer of stock strength. 8500 is the 50 day. watch for general market tone. USD/JPY… along with the YEN crosses are doing re traces from the beginning of Feb. , 122 ( M Futures … Continue reading
Nasd 100 Futures
We’re not going to honor the ORL daily pattern in the Nasd 100 today. Given Friday is the Qtr’s end, and we think you could see some residual positive capital flows into early Monday, we’ll wait until tomorrow to determine … Continue reading
The Lemmings are Running!
The Lemmings all found the sell button at the same time. Are the highs good enough for a big market top? Yes, close enough in the Nasd with the S&P 500 Futures completing their swing count yesterday @ the 1420 level. All … Continue reading
A.M. Look 3/28/12
AUD/JPY…just tried unchanged on the week @ 86.22 and held. AUD/USD…is flirting with it’s 200 day @ 104.07….Both of these instruments have to sustain under the overnight lows for more Risk Off. Euro…show me something over 134 or under 133 … Continue reading
A.M. Look 3/27/12
Nasd 100 Futures..In the 3/2/12 A.M. Look we said, “We wouldn’t be surprised to see a 2800 Nasd”. In fact, they look to be on a mission to print 2839, a move 10 years in the making. This is a … Continue reading
A.M. Look 3/26/12
Friday being Qtr’s end, the one thing we aren’t looking to do is fight the capital flows, which are still up in the Equity indices and down in the Bond Futures. It would seem logical to see this flow continue … Continue reading
A.M. look 3/23/12
The interesting weekly chart patterns are in the OIH and the XLE ( Oil derivatives). They’re both putting in ORL weeks,however they are both getting into technical areas where we would entertain going long again. We’ll put these two on … Continue reading
A.M. Look 3/22/12
Is the sky falling? I wouldn’t get too wound up about it just yet. The current price action around the board in the Currencies,Bonds and Equities Indices are typical for this week going into the end of the qtr. 30 … Continue reading
A.M. Look 3/21/12
More of the same today…Equities indices remain bid on the breaks, with the Yen crosses continuing to hold technical re-trace levels confirming the directional capital flow has yet to change. CAD/JPY…84.10, AUD/JPY…87.30,EUR/JPY….110.25…price action under these levels would be needed for … Continue reading
A.M. Look 3/20/12
Today will bring the 30 Yr. bonds into the spotlight with futures expiration. We witnessed a big day trade in the Swiss,Euro and Aussie yesterday, which we have NO position in after our stops were elected last night. The board … Continue reading