Tag Archives: Crude Oil
A.M. Look 12/29/15
Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading
A.M. Look 12/28/15
Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading
A.M. Look 12/22/15
Stocks… Spu’s…2031-34 is resistance. A close under 1984 is needed for lower. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed for higher Bonds… 30 Yr. Bonds…156.00-02 is support and the downside pivot. 157.24 starts … Continue reading
A.M. Look 12/21/15
Stocks… Spu’s…2031-34 is resistance. A close under 1984 is needed for lower. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed for higher Bonds… 30 Yr. Bonds…156.00-.02 is support and the downside pivot. 157.24 starts … Continue reading
A.M. Look 12/18/15
Stocks… Spu’s…2031-34 is resistance. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed to stop the slide. Bonds… TLT…122.61 is the 200 DMA. 124.10-28 is resistance. FX… EURO…a close today below 107.96 opens the way … Continue reading
Midday Missive
The Long Dollar crowd was liquidated this A.M. Euro was trading just above it’s 200 DMA @ 110.33 Cash ( 110.61 H Futures) Hard to pick a high unless you try and line it up with timing later in the … Continue reading
A.M. Look 12/14/15
Stocks… The big cap momentum names have put in topping patterns which we didn’t see in the earlier year sell offs. AMZN…sell stops are @ 620 with 612 being first support. Bonds… 30 Yr. Bonds…156.02, old resistance, is now support … Continue reading
A.M. Look 12/11/15
Stocks… Spu’s..(Z) 2049 will become resistance. The low 30’s can trap new shorts. Nikkei…(H) closing under 18.950 is negative. DAX…(Z) needs back above 10,482 close to keep from sliding further. AMZN…646 is the must hold level going forward. IBB…needs to … Continue reading
Midday Missive
The Spu’s are hoping to get rescued by an Oil rally. For Oil to put on a rally the Point & Figure shows it has to hold today’s low. I have no idea which side of the market is more … Continue reading
Oil & Gold
OIL…38.99 was as good a place as any for the rally to initially fail. I have a price order in to sell just shy of 40 which I’ll leave working into tomorrow. I placed a resting buy order in the … Continue reading