Tag Archives: Crude Oil
A.M. Look 4/24/15
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. ACT…is gaining upside momentum. Keep this teed up for an opening range trade today. You’re looking for an upside move. … Continue reading
The Late Show
OIL… the macro buy stops are over 58.63 USO…breaks out on a close over 20.25. XLE & DIG both look to rally to test their 200DMA’s. CVX…as long as 109 holds I’m looking for 115. XOM…is attempting a Cloud breakout … Continue reading
A.M. look 4/23/15
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. Bonds … Bunds…159.00 is the qtrly pivot. A close under the 50 DMA @ 158.84 is needed to confirm lower. … Continue reading
A.M. Look 4/22/15
Stocks… Nasd 100…put in a new high last night with China strength. A close under 4402.75 is needed to see some cracks develop in the bull thesis. Midcap 400…151170 is mvg avg support. Only sustained price action and a close … Continue reading
A.M. Look 4/21/15
Stocks… DXJ…56.87 is this years high with resting buy stops above which should test 57.50-75, the 2014 high. Nasd 100…there is a potential weekly double top @ 4441, however once above do not fade. DAX… A close over 12,070 is … Continue reading
A.M. Look 4/20/15
Stocks… Spu’s…A close below 2060 is needed for downside. Sustained price action and a close is needed over 2095 for higher. VIX…13.35 is support. Closing below this level is needed for more upside in the Indices. DAX…held the 50 DMA … Continue reading
A.M. Look 4/16/15
Stocks… ACT…needs new closing strength over 302.50 for a run to the highs. BMY…needs to hold 63.40 close to keep pattern integrity. MBLY… Anywhere near 43 would be a low risk buy. NFLX…the 545 fib extension was hit shortly after … Continue reading
A.M. Look 4/15/15
Stocks… GOOGL…535 is the weekly ORL #. This level will run sentiment for the Equity Indices. DXJ…I like this ETF for a hedged long view on Japan Equities. As Long as 56 holds this has much higher to go. BABA…needs … Continue reading
A.M. Look 4/2/15
Stocks… Deutsche Bank & GS were two of the highlights for the bulls. DB’s.. low was 34.71. As long as that holds look for an initial move to 37. GS… Put in an ORH day. This is a long against … Continue reading
A.M. Look 4/1/15
Stocks… Spu’s… 2033.50 is support. new closing momentum over 2095 close is needed for another run higher. Nasd 100…4376-87 is mvg avg resistance. Last night Nasd 100 printed the 4265 buy level. FTSE…tested it’s 200 DMA last night near 6665. … Continue reading