We have no positions…The orders below are good working orders. These are the orders that should be working! Today’s Working Orders …. SELL USAU (30 yr. Bond Futures) @ 140.14 BUY GBP/USD @ 166.75 …………………………………………………………………………………. EUR/GBP …The rally in the … Continue reading
Stocks… VIX…12.50 is the 50 DMA. 12.90 looks to be the momentum # and upside pivot.14.00 is the 200 DMA and the next significant level. LNG…put in an ORL day. Price recovery over 67.40 will be needed to negate the … 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’s…need new strength over 1954-56 for more upside. 1st support is 1931-34. FB…Needs new closing strength over 66.60 for another move higher. TWTR…34.55 is near support. On the daily chart this looks poised to test the 50 DMA @ … Continue reading
Stocks… Spu’s…1931 is daily mvg avg support. Bonds Bunds…a close under 144.90 is 50 DMA support. This is a low risk buy zone with a very tight stop. FX… EUR/JPY…is poked below 138.70 (200 DMA). EURO….Yesterday I placed an order … Continue reading
Stocks… IBM…185 is the 200 DMA support. Bonds Bunds…146.30-40 is resistance. FX… EUR/JPY…price action over 140.25-30 in this cross will keep a firm undertone to the Euro. GBP/USD…167.90 is neutral for the Pound. Good above/Negative below. Commodities… Corn…needs to close … Continue reading
Stocks… Nasd 100…has broken out again on the monthly & qtrly charts. As long as the Nasd 100 holds 3740 it remains a buy. There is a last remaining resistance zone @ 3790-3817. Once above expect a test of 3885. … 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
World interest rates are in play with the Italian 10 leading the the peripherals lower against the Bund ( German 10 Yr.) DAX…97.28-40 is pattern resistance and the closing upside pivot. Midcap 400 Futures….(EMDM) I would need a close over … Continue reading