Tag Archives: Crude Oil
A.M. Look 11/10/14
Stocks… Spu’s…need a close under 2020 to see profit taking hit the Equity Indices in the U.S. Nikkei…needs to hold above 16,700 to not go into profit taking mode. Profit taking mode would give a bid to the Yen. DAX…91.83 … Continue reading
A.M. Look 11/6/14
Stocks… DAX…91.60 is this weeks support and the downside closing momentum level. Sustained price action and a close above 93.65 should be considered an upside break out. Spu’s… have a potential double top @ 2020. 1993 is today’s low risk … Continue reading
OIL
Crude…79.50-55 is the exit for the first surge up. Closing over this level is needed for another 1-1/2 dollars up. That was a pretty good high nearing London’s close. XLE & DIG are into resistance areas as well.
A.M. Look 11/5/14
Stocks… DAX…91.60 is this weeks support and the downside closing momentum level. Sustained price action and a close above 93.65 should be considered an upside break out. Nasd 100… 4100-20 is support and the closing downside pivot zone.. Nikkei…could retrace … Continue reading
A.M. Look 11/4/14
Stocks… Nasd 100…you want to buy this Index between 4100-20 with a tight stop. Nikkei…could retrace to 16,450 and still keep the monthly ORH pattern intact. The resting buy stops are @ 18,365 with a tgt just shy of 20,000 … Continue reading
A.M. Look 10/31/14
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
A.M. Look 10/30/14
Stocks… Spu’s…price action under 1960 support is needed to unnerve the Bulls. 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. … Continue reading
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. Look 10/28/14
Stocks… Spu’s & Nasd are both higher on the month. if they maintain higher after tomorrow’s Fed Minutes release, look for this to continue into Friday’s close. Bonds … 30 Yr. Futures…need back under 141.12 close to head lower. Price … 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