Tag Archives: Crude Oil
A.M. Look 2/4/15
Stocks… Spu’s…2041 is 50 DMA resistance and the upside pivot today. 2029 is support. NASD 100…4228 is 50 DMA resistance and the upside pivot today. 4184 is support. SLB…83.80 is support and the low risk buy zone. GOOGL…553 is resistance … Continue reading
The Late Show
Catching up. SPU’s…bottomed @ the 200 DMA yesterday. A close tomorrow over the 50 DMA @ 12041 (126.50 SSO) is needed to confirm a low. OIL…just hit it’s initial upside tgt @ 54.00 EURO…any price action over 115.10 is too … Continue reading
A.M. look 1/28/15
Stocks… UTX…had an impressive rally off yesterday’s low. Look for this to remain firm into month end. EXAS…as long as this is above 26.44 it has much higher targets, into the mid 30’s. REGN…408 is support and the downside momentum … Continue reading
A.M. Look 1/27/15
Stocks… SPU’s… 2043 (50 DMA). This will be pivotal all day. AAPL…reports earnings today. 110 is 50 DMA support. FTSE…6650 is 200 DMA support. Bonds … BUND…157.75-50 is support. FX… EURO…price action over 112.75 will lead to more profit … Continue reading
A.M. Look 1/26/15
Stocks… SPU’s…price action over 2043 (50 DMA) is needed to attract buyers. Nasd 100…gains upside momentum with a close over 4265. AAPL…reports earnings tomorrow. 110 is support. A close under 106 is needed to turn the pattern down. Bonds … … Continue reading
A.M. Look 1/23/15
Stocks… SPU’s…need a close above 2065 to start another leg higher. 2035 is pattern support. The point & figure shows congestion between 2061-2072. Let the market work through this level. It’s not a great spot to initiate new longs. Nasd … Continue reading
A.M. Look 1/22/15
Stocks… MBLY…put in an ORH day. Sustained price action and a close over 40.20 confirms the low. UAL & ALK have the same chart patterns. Both look to go higher into earnings early today, however I think a gap up … Continue reading
OIL…WTI
As seen on this point & figure, price action under today’s low should lead to new lows in in Crude. 47.30 is resistance, with sustained price action over 47.50 positive.
A.M. Look 1/20/15
Stocks… SPU’s…2028 is daily resistance and the upside momentum #. Nasd 100… 4182 is daily resistance and the upside momentum #. Bonds … 30 Yr. Futures…149.00-148.30 is pattern support and the downside momentum level. FX… GBP/USD…the pounds are set … Continue reading
A.M. Look 1/16/15
Stocks… ORL’s abound. Spu’s, Nasd 100,IBB,PANW,XLK,XLV,IWM…the list is too long! IBB…took off it’s party hat yesterday with an ORL day. Biotechs have been bucking the trend for a while. 303.35 is the 50 DMA. This is where the rubber … Continue reading