Tag Archives: Copper
Copper
This bears watching today. The Pit session only has the chance for an ORH day with a close over 3.0970. This metal is attempting to bottom. I’ve looked at calls in COPX ( the Copper Miners) and the other associated … Continue reading
A.M. Look 5/29/14
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
A.M. Look 5/27/14
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
A.M. Look 4/12/14
Stocks… KRU…the regional banks look to have bottomed. 82.50 is pivotal. price action over this level could lead to a test of 86. IWM…110.75 is 200 DMA resistance and the upside pivot. GOOG …put in an ORH day. GOOGL…just missed. … Continue reading
A.M. Look 4/8/14
Stocks… TSLA…203 is current pattern support with resting sell stops below. 191 is weekly support. The lowest risk buy zone is 167. XLY…62.50 is the 200 day mvg avg. XLI…the longer time frame charts show this is vulnerable for a … Continue reading
A.M. Look 3/28/14
Stocks… VIX…needs above 15.15 to rally to 15.84. The weekly buy stops are at 16.40 with 16.64 being weekly closing resistance. Nasd 100…3545-50 is today’s support and the next inflection level. The weekly breakdown level is 3576. Closing below here … Continue reading
A.M. Look 3/24/14
Stocks… Spu’s…(M) 1871 will act as resistance. 1857 is the February close, which will act as a short term pivot. Nasd (M)…3691 will be resistance. 3700 is the February close, which will act as a short term pivot. 3615 is … Continue reading
A.M. Look 3/20/14
Stocks… Spu’s…(H) show a possible head & shoulders top on the daily chart. A close lower on the year ( below 1841) is needed to confirm the pattern. Nasd (H)…3661 is support and the downside pivot. Once below 3610 ( … Continue reading
A.M. Look 3/12/14
Stocks… Spu’s…(H) Put in an ORL day. 1st support is 1858. This either holds right away or expect a test of 1849-51. Nasd 100.. (H) price recovery back over 3689 is needed to avoid a test of the 3630’s Dax … Continue reading
A.M. Look 3/3/14
Stocks… Nasd 100…look for a test of 3635. Spu’s… staying under 1844-45 is price negative. 1815-18 is the first good buy zone. NFLX…put in an ORL day. 440, 432 are possible bounce levels. PCLN…put in an ORL day. This has … Continue reading