Stocks… Spu’s… 2049-46 is the key mvg avg convergence level where the 50 & 200 DMA meet. This is the closing area that will run the next swing. Above the Indices remain firm led by the momentum names. DD…Du Pont … Continue reading
Stocks… AAPL…117.50 is the low risk buy level. Nasd 100…4882 is the 2000 high. The talking heads are myopically focused on the cash, when it’s the continuation Futures prices that matter. A hold in the Indices after the fed Wednesday … Continue reading
Stocks… Spu’s…2065.50 is the weekly ORL # and today’s 50 year line. Do not over trade this level. This will be an end of day game to see if the chart patterns can be saved. Nasd 100…4620 is the weekly … Continue reading
Stocks… Spu’s…will need under 2076 for downside. The upside remains the same. DAX…held it’s 200 DMA on yesterday’s low. Bonds… FX… Euro…106.20 is resistance. Above, there is not much until 107. With a positive take on easing Euro could … Continue reading
Stocks… Spu’s…the levels haven’t changed all year. Buy stops are over the Nov. high of 2110.25. 2123 is closing resistance and the upside pivot. Buy breaks in the Spu’s to 2080 with a couple of handle stop. MSFT… has been … Continue reading
Stocks… The Indices should remain a range bound affair until Thursday. Buy breaks in the Spu’s to 2080 with a couple of handle stop. Bonds… 30 Yr….is caught between 155.24 resistance and 154.00 closing support. I’d be patient for new … Continue reading
Stocks… DAX…has been running the board since the European open. BUD…sustained price action over 128.35 keeps this firm. Bonds… 30 yr….most systems have been forced rolled to the March (H) contract which trades @ 1-1/2 point discount to the Dec … Continue reading
Stocks… Spy & QQQ gave sell signals yesterday. GOOGL & AAPL are stalling out with sell signals. DIS…gave a sell signal yesterday. I should’ve listened to my 12 yr. old review of the last Hunger games installment. She was distressed … Continue reading
Stocks… Nasd 100…resting sell stops are @ 4652 with a close below 4647 needed for downside to materialize. Spu’s… weaken below 2074. Bonds … 30 yr….failed shy of my sell level on Friday @ 155.10. 154.01 is mvg avg support. … Continue reading
Stocks… Spu’s… 2040 is today’s support and downside pivot. 2061 is resistance. A close over 2067 is needed for higher. NFLX…has rallied 18% from Monday’s low. 118.80 is extremely overbought. It’s also a retest of the weekly breakdown # from … Continue reading