Stocks… Spu’s…(U) 2126 will act as resistance and the upside pivot. Dax…11,250 is the low risk buy level. This is the spot to buy the Dax with a tight stop. 11,560 is the 50 DMA. SHCOMP…will need sustained price action … Continue reading
Stocks… GLNG…51 is the near term resistance and the upside momentum #. The pattern remains positive as long as this maintains closes above 49. Bonds … 30 Yr. Bond…(M) June needs to press and sustain above 153.05 resistance for higher. … Continue reading
Stocks… Nasd 100… 4400 +- a couple is support ( last weeks low). Nikkei…needs to close back over 20,500 for upside momentum. Bonds … 30 Yr. Bond…(M) June needs to press and sustain above 153.05 resistance for higher. App. 151.24 … Continue reading
Stocks… Nasd 100… today’s short term hold level is 4441. First resistance is 4467. Spu’s…2095-97 is resistance. FTSE…6722 is the 200 DMA support which held yesterday and last night. any new longs should be managed against this level. Bonds … Continue reading
Stocks… Nasd 100… price action over 4450 is needed for a rip back into the higher end of the range toward 4484. DAX…10.858 is the first 1/3 retrace from the Oct. 2014 Low. Bonds … 30 Yr.…(U) 148.25 is … Continue reading
DXE..97.00 is resistance in the Dollar Index. That’s just a heads up that most of the Dollar strength looks to be over for the early part of the day. 30 Yr. Bonds held the 200 DMA. That could set up … Continue reading
Stocks… Spu’s….held yesterday. Today will be all about how and if the Spu’s hold after the non-farms #. Sustained price action under 2090 will lead to lower. 2110 is resistance. Nasd 100… 4430-40 level should provide for a bounce. This … Continue reading
Stocks… Spu’s…have to sustain over 2015 for higher. 2095.50 is today’s 50 DMA DAX…11,380 is the weekly closing hold level. Bonds … 30 Yr.… Will be a price action time frame trade today. They are getting oversold so be wary … Continue reading
Stocks… Spu’s…have to sustain over 2015 for higher. The low 2090’s is near term support the first time down.DAX…11,380 is the weekly closing hold level. Bonds … TBT…48.16 is support and the downside pivot. FX… EURO…110 will be pivotal all … Continue reading