Stocks… Spu…is caught between 1932 support & 1939 resistance. 1952 is 50 DMA resistance. Nasd 100…looks better than the broader market. 3910-15 is resistance and the closing upside pivot. Do not fade price action above 3920. AAPL…sustained price action … Continue reading
Stocks… Spu’s…closing back above 1940 will put the Bulls firmly back in control. 1875 is my buy zone. This is the spot I’m buying the Index to see how big of a bounce I can get. Nasd 100…3850 will be … Continue reading
We’ve enclosed last qtr’s medium term outlook for your reflection. Wednesday we’ll be publishing a new set of parameters for the 3rd qtr. for current paid subscribers. It’s an invaluable cheat sheet to keep your head in the game at … Continue reading
Bund…the Sept Bund will try to print 146.40. OIL…WTI/Brent spread came close to it’s 200 DMA which happens to line up with the last breakout in Crude above the 104.70-105.30 level. All this tells you is that is that WTI … Continue reading
Stocks… MMM…141.50 close is support and the risk for new longs. Closing over 143.40 leads to more upside. A close below 141.00 is needed for a correction of a few percent. Bonds Bunds (M)… 146.55 will be resistance and the … Continue reading
Stocks… Spu/Bonds…rallied all the way back to test the April 4 breakdown level almost to the tick, making today’s ECB and tomorrow’s employment data all the more interesting. This is the level that the Spu’s corrected 80 points and the … Continue reading
Stocks… PCLN…1276.75 is the monthly ORL #. A Friday close and sustained price action over this level on Monday would generate new upside targets. TWTR…is trying to bottom. Those that wish to buy this should use a 32 stop on … Continue reading
Stocks… Nasd 100…we’re back to the March levels in Nasd. 3700 is resistance and the closing upside pivot. Price action today under 3675.75 will lead to profit taking by weak longs. Nikkei… is testing it’s 200 DMA (14,750). This is … Continue reading
Stocks… EPI…India is the higher volume ETF vs PIN. Investors wishing to add India should leave a resting order to start scaling in EPI @ 21-20. PIN..I’d look to start a position @ 20 and then be willing to scale … Continue reading