Tag Archives: Crude Oil
A.M. Look 12/30/14
Stocks… IWM…an ORH month seems a lock. A close tomorrow over 120.97 puts in an ORH qtr. to fill out the pattern. KBE…put in an ORH day. 33.95 is the Monthly ORH #. 34 is the qtrly ORH #. … Continue reading
A.M. Look 12/29/14
Stocks… Spu’s…as long as 2060 holds on breaks downside is limited. Nasd 100…4258 is support and the downside pivot. Bonds … 30 yr. Bonds.. 142.27 is support FX… EURO….123.75 is the low risk sell zone. AUD/USD…81.65 is … Continue reading
A.M. Look 12/22/14
Stocks… Spu’s…as long as 2060 holds on breaks downside is limited. 2020’s would be a gift to buy Spu going into year end. Nasd 100…4258 is support and the downside pivot. Below you could see a 40-50 point break. … Continue reading
A.M. Look 12/17/14
Stocks… Spu’s…(H) need to close above 1992 for bottoming action.(Z) Dec. level is 2000, they’re respective 50 DMA’s. 2022 is the qtrly Dec ORH # in DEC. (the level it failed at yesterday) 1995 is the Monthly ORL # which … Continue reading
OXY & CVX…Ford …Midday Missive
Both of these names followed the price action laid out this A.M. by spiking their respective qtrly stops and start back higher. Classic opening range trades. Oil has held for now. 53.90 should be the stop used for any trader … Continue reading
OXY…CVX…Ford Position Update
Both of these names followed the price action laid out this A.M. by spiking their respective qtrly stops and start back higher. Classic opening range trades. Oil has held for now. 53.90 should be the stop used for any trader … Continue reading
Crude Low?
Use $54 dollars as your pivot the rest of the day.
A.M. Look 12/16/14
Stocks… Spu’s…(H) needs to sustain above 1992 for a short covering rally.(Z) Dec. level is 2000, they’re respective 50 DMA’s. 1995 is the Monthly ORL # which either month must maintain above to avoid a slide to 1945. NASD 100…50 … Continue reading
Midday Missive
They might have screwed enough investors that we just put in a decent low. I just priced some 122 through 124 SSO calls expiring Friday. They’re too wide for my blood. I’ll wait it out until later in the week. … Continue reading
A.M. Look 12/15/14
Stocks… Spu’s…(DEC) the Mid 1990’s, which will be a retest of the 50 DMA and Gap we took off from in Oct. is the support level we bounced from last night. 2022 will remain a key pivotal level for the … Continue reading