Tag Archives: Crude Oil
A.M. Look 2/2/16
Stocks… Spu’s…1909.50-1913.50 remains a pivotal level. Bouncing on hard breaks into the level. It will take closing below this level for further downside. Googl….hit it’s first fib extension after the close and has since backed off below the old all … Continue reading
A.M. Look 1/29/15
Stocks… Spu’s…it’s all about the close today and price action Sunday night into Monday. We keep rallying to unchanged on the week and failing. The Dow and Spu’s both need to hold the breaks today and start higher into Feb. … Continue reading
Currencies…OR Pattern Alert…Risk On
CAD/JPY AUD/CHF GBP/USD Canadian Dollar Copper Mexican peso is working on the same pattern. Brazilian Real is putting in a bottoming pattern as well. Gold…this wants to trade the 200DMA @ 1135 for a start. It’s doubtful if it can … Continue reading
A.M. Look 1/25/16
Stocks… Spu’s …1909-13 is the exit zone for new longs. Sustained price action above this level is needed for higher. MCD…earnings are out in pre-market. This name has held up well during the sell off. AAPL…earnings are out after the … Continue reading
Weekly Volatility Buy Signals
Spu’s Nasd 100 Nikkei Midcap GOOGL AMZN Crude USO Nikkei Recap: we held a mid week low, with trend turning up into mid week next. We had a B.S. break into Mid Day to get long the Equity Indices against … Continue reading
A.M. Look 1/22/16
Stocks… Spu’s …1992 is first resistance. 1909-13 is the exit zone for new longs. Breaks today into unchanged on the week 1877 Spu’s & 4130-40 Nasd 100 should initially be met by buyers in the U.S. session. Bonds… 30 Yr…..158.09 … Continue reading
Oil is running the board
There is no bounce in the indexes. FB,NFLX,BUD,XLU are trading under their 200 DMA’s A couple of levels to match up with a panic today which could line up with the weekly mvg 200 avg in the Spu’s close to … Continue reading
A.M. Look 1/20/16
Stocks…Spu’s …1849.50-56.50 is a retest level that needs to recover over for any rally. At some point today i would expect a look at the level which is the old pit lows. From there it has to power up through … Continue reading
The Late Show
Tomorrow there is a CME WTI Crude expiration. The Oil patch will have to wait for tomorrow. Spu’s…will be a late day affair. So far every rally has failed. NFLX…needs a close over 113.50 for this to be more than … Continue reading