Tag Archives: Brent Oil
A.M. Look 3/11/15
Stocks… Spu’s…2044 is the weekly hold # and the closing downside pivot for more weakness. Nasd 100…4333…4285…4265; these are the support levels coming down. They will not change. BIB & IBB…Closed neutral ” right on their momentum #’s. XLV…70.80 is … Continue reading
A.M. Look 12/16/14
Stocks… Spu’s…(H) needs to sustain above 1992 for a short covering rally.(Z) Dec. level is 2000, they’re respective 50 DMA’s. 1995 is the Monthly ORL # which either month must maintain above to avoid a slide to 1945. NASD 100…50 … Continue reading
A.M. Look 9/17/14
Stocks… IAT…although it put in an ORL day I’m going to give this trade the rest of today to play out. SWKS…put in an ORH day. This has an initial upside tgt just shy of 60 by holding above 54. … Continue reading
A.M. Look 3/27/14
Stocks… VIX…needs above 15.15 to rally to 15.84. The weekly buy stops are at 16.40 with 16.64 being weekly closing resistance. Nasd 100…3545-50 is today’s support and the next inflection level. The weekly breakdown level is 3576. Closing below here … Continue reading
A.M. Look 2/6/14
Stocks.. Dax…9300 is first resistance. Bonds… Bund…have rallied a long way. 143.40 is first support and the short term downside pivot. 30 yr. Bonds…133.18 is resistance. Look for more weakness under 132.27. This could easily give you another point. FX… … Continue reading
A.M. Look 11/12/13
Stocks.. SSO…94.16-25 is the matching resistance area. Nikkei…14,615 has the potential to stall out the Japan rally for today. Maintaining above 14,300 on breaks keeps this Index on positive footing. DXJ…will be up this A.M. 48 is resistance and the … Continue reading
A.M. Look 7/15/13 W/ Trade Updates
Stocks.. QQQ…76.05 is a level that can reject the first time up. The longer term upside tgt is 82 as long as 72 holds on breaks. Bonds… 30 yr….135.00 remains resistance and the upside pivot. FX… Euro…needs a close under … Continue reading
ICE_Brent_Crude_Weekly_Continuation
Oil Traders…108.52 is the 200 day in the Brent. This oil rally has been led by the WTI as the spread has come in significantly. As seen on the weekly, which matches up with the monthly, we’re at resistance. This … Continue reading