Tag Archives: CAD/JPY

Midday Missive

Posted on 02/24/2015

MON…a close today over 124.80 puts in an ORH pattern. today’s low of 123.79 is momentum support. I have no desire to chase the Grains or the other Agri names, however this one has potential if the pattern fills out. … Continue reading →

A.M. Look 2/15/15

Posted on 02/15/2015

Stocks… BDBD…Boulder brands broke out yesterday. Support is 10.74. UA…put in an ORL topping pattern yesterday. 73.65 is initial support. Whether this is just short term profit taking from a big run or something bigger,only time will tell. Bonds … … Continue reading →

A.M. Look 1/20/15

Posted on 01/20/2015

Stocks… SPU’s…2028 is daily resistance and the upside momentum #. Nasd 100… 4182 is daily resistance and the upside momentum #. Bonds … 30 Yr. Futures…149.00-148.30 is pattern support and the downside momentum level.   FX… GBP/USD…the pounds are set … Continue reading →

A.M. Look 1/15/15

Posted on 01/15/2015

Stocks… Spu’s & Nasd 100…trade the early NY price action paying close attention to yesterday’s lows. Line…needs sustained price action and a close over 11.00 for higher. BPT…has been behaving much better than Line with an ORH day. 74.85 is … Continue reading →

Midday Missive

Posted on 01/14/2015

Spu’s…the weekly sell stops are @ 1984.25. Nasd 100…the weekly sell stops are @ 4084.25. CAD/JPY…is @ it’s 200 DMA @ 96.95. 96.20 is the lower long term extreme. Trade the opening range today in the Equity Indices. EURO…118.60 is … Continue reading →

A.M. Look 1/7/15

Posted on 01/07/2015

Stocks…   Spu’s….need to sustain over 2010 resistance for a trad able low to be in place. Price action under yesterday’s low will lead to another leg down as seen on the point & figure. Spu/Bonds… came close to putting … Continue reading →

CAD/JPY…Trade Alert!

Posted on 01/06/2015

BUY 4 CA6H…. Canadian Dollar ​SELL​ 4 ​JY​AH….Japanese Yen​ ​Execute this Futures trade @ 2 P.M. CDT to put on this cross.​ That’s the CME Pit Close In 9 Minutes.

A.M. Look 12/2/14

Posted on 12/02/2014

Stocks… Spu’s…could go as low as 2046 and hold up. Sustained price action below 2046 would open the way for the Spu to move in 20 point increments to the downside. DAX…10,000-10,050 is the resistance zone and the closing upside … Continue reading →

A.M. Look 10/31/14

Posted on 10/31/2014

Stocks… Nasd 100…4074 should be used for early market tone. 4103 is resistance. Closes over 4120 are needed to start a whole new Bull leg higher into year end. SPU’s…put in an ORH day yesterday. Closes over 2022 start another … Continue reading →

Afternoon 9/15/14

Posted on 09/15/2014

Grains Soybeans are attempting an ORH day with a close over 9.902. A close over $10 could signal a good short covering rally. JJG…needs a close over 35.45 for a similar pattern. OIL…93.13 is short term trend resistance and the … Continue reading →