Tag Archives: Brent
A.M. Look 1/3/14
Stocks.. BAC…is putting in an ORH week with a close over 15.79. While the pattern looks good I am not a fan of chasing this strength. LNG…as long as this holds above 42.40 close I’m a fan. Spu’s…a … Continue reading
A.M. Look 9/16/13
Stocks.. Spu’s…1704-05 will be pivotal early. Below, the Spu’s could try to trade back to 1690. Bonds 30 yr. (Sept)…133.15 is resistance and the closing upside pivot. FX… USD/JPY…98.27 is Dollar support/ Yen resistance ( 101.76 Sept. Futures) GBP/USD…157.20-50 is … Continue reading
A.M. Look 9/12/13
Stocks.. EWP…Spain…33.07 is potential double top level on a monthly chart, however once maintaining and closing over this area, look for an initial test of 34.65 with much higher long term tgt’s. 31.75 is the buy level In Spain on … Continue reading
A.M. Look 9/10/13
Stocks.. Spu’s…1680.50 is near resistance. 1665 is support. Nasd 100… 3200 should be sticky the first time up. This is just not a level to buy strength. Bonds… Bunds…are very oversold. 30 yr…tgt’s and resistance remain the same. Italian 10 … Continue reading
A.M. Look 8/22/13
Stocks.. Spu’s…1629-30 is short swing Fib support. Closing under this level will lead to a new dynamic, which we’ll address if we see price action under this level. Sustaining and closing over 1644 would confirm a temporary low, something we’ve … Continue reading
A.M. Look 8/21/13
Stocks.. NFLX…I have a near term 280 tgt. This level should prove to be descent resistance, causing this stock to back and fill. This is an exit zone the first time up.Nasd 100…needs a close over 31.05 to turn up. … Continue reading
A.M. Look 7/11/13
Stocks.. GOOG…924 was the old pre-market high and tgt. This level will run the next swing in GOOG. NFLX…248.85 is the old high, 262 is next resistance. DAX…is over the 8000 pivot. Bonds… 30 yr….The long term point & figure … Continue reading
A.M. Look 5/6/13
Spu’s…1592.50-1593.30 is support. Gold…needs over 1486 or under 1440 for a new signal. 1536-39 isgood low risk resistance. Lower retests are 1420 followed by 1400. Silver…24.30 is resistance and the upside pivot. Buy stops are 24.80 which could lead to … Continue reading
A.M. Look 4/25/13
Oil…we got to 92 a little faster than I expected. All new strength is needed over 92.25 is needed for more upside. Brent…102.25 is Fib resistance. 102.90 can reject the first time up with the next good resistance and tgt … Continue reading
Brent…Oil ETF’s
98.00 Brent is the critical hold and pivot level running the oil complex. DIG & XLE… went far enough for now.