Tag Archives: Brent
A.M. Look 10/29/14
Stocks… DAX…A close above 9110 should be treated as an upside break out. XLE…looks positive. DIG…has been lagging XLE. Sustained price action and a close over 65.00 is an upside breakout. Look to play these ETF’s form the long side … Continue reading
A.M. Lok 10/27/14
Stocks… MVV…66.25 is 200 DMA resistance. This will take under 64 to see any real selling. 61.25 is the low risk buy zone, where new longs will puke. DAX…89.00 is mvg avg support. This will be a pivotal level. DAX … Continue reading
A.M. Look 10/24/14
Stocks… Spu’s…got to resistance @ 1956 with a good reaction off the level. Point & Figure chart shows Bears need to see sustained price action under 1928-30 for lower. Nasd 100…shows small support @ 3962 with sell stops @ 1339.50. … Continue reading
A.M. Look 10/23/14
Stocks… Spu’s…as seen on the point & figure, after 5 days of a relentless 100 point rally with no consolidation, we finally got some back and fill yesterday. Now we have a range to judge the next move. Sustained price … Continue reading
A.M. Look 10/21/14
Stocks… Spu’s…1904 the 200DMA was good for a 20 point move off the China PMI data last night. I’m looking for the Indices to rally into tomorrow. Technicians are watching the downtrend line that comes in @ app 1930 to … Continue reading
A.M. Look 10/20/14
Stocks… NASD 100…there is room up to 3850 to rally as long as it holds a retest back to the 200 DMA @ 3770. Sell stops are building below 3742. Spu’s…resistance 1891, 1904,1917. These were the support levels … Continue reading
A.M. Look 10/17/14
Stocks… NASD 100…there is room up to 3850 to rally as long as it holds a retest back to the 200 DMA @ 3770 Spu’s…resistance 1891, 1904,1917. These were the support levels coming down which are now resistance. Last … Continue reading
A.M. look 10/16/14
Stocks… Spu’s….1810 is support and closing below 1800 leaves way for a test of 1725-30. Nasd 100…3700 is support and the closing downside pivot for another 150-200 points. Minimally, this has to gain traction back over the 200 DMA @ … Continue reading
A.M. Look 10/15/14
Stocks… Spu’s….1846 is unchanged on the year with macro sell stops below. Spu’s need sustained price action over yesterday’s high of 1892 to turn the longer term point & figure chart back up. Nasd 100…3768-58 is the 200 DMA depending … Continue reading
A.M. Look 10/10/14
Stocks… VIX…21.50 is the 200 Month mvg avg and the high of the volatility spikes over the past 20 months. This is the place to match up an interim low in the Spu’s for a bounce. Spu’s….1900-02 is the 200 … Continue reading