Tag Archives: Crude Oil
A.M. Look 12/11/14
Stocks… Spu’s…2022.50 in the Mini’s and 2012 in the Pit contract will be pivotal into Month end. They are this qtr’s ORH #s. Yesterday’s low was either the low for the rest of the week, and most likely the year, … Continue reading
A.M. Look 12/10/14
Stocks… Spu’s…need to close back over 2064 resistance to confirm higher.2037 is support. UNH…put in an ORH day. As long as this closes above 99.50 we’ll stay with this. Look for an initial run up to 104. DB…Deutsche Bank…31.00 is … Continue reading
A.M. Look 12/9/14
Stocks… Spu’s…need to close back over 2064 resistance to entice me back in. IWM…needs back over 116.80 close to negate yesterday’s ORL pattern. 114.25 is support @ the 200 DMA. Ford…closing today below 15.40, 50 DMA, will have me exit … Continue reading
A.M. Look 12/8/14
Stocks… Spu’s…2058 is this week’s support Bonds … Bund & Italian Bond Futures expire today. FX… EUR/JPY…148.23 is today’s ORL #. Sustained price action under 148.00 is needed for further profit taking. USD/JPY…119.69 is today’s ORL #. Sustained price action … Continue reading
A.M. Look 12/5/14
Stocks… Spu’s…2060.75 is the must hold level. 2060.75 is the level to key off of. This is the weekly ORL#. This will act as support and the closing downside pivot with resting sell stops below. Price action below here will … Continue reading
A.M. Look 12/4/14
Stocks… Spu’s…the initial swing count is still 2120 which was generated from the 1813 Oct. Low DAX…10,000-10,050 is the resistance zone and the closing upside pivot. ASX 200…5380 is resistance and the upside closing momentum level, with 5418 being … Continue reading
A.M. Look 12/3/14
Stocks… DAX…10,000-10,050 is the resistance zone and the closing upside pivot. Bonds … 30 Yr. Futures…the world is trading (H) March Bonds, however I’m in Dec Bonds which need to hold around 141.31 to avoid a further slide. FX… Euro…122.30 … Continue reading
A.M. Look 12/1/14
Stocks… Spu’s…could go as low as 2046 and hold up. Midcap…14,300-14,320 is support and the closing downside pivot. DAX…10,000-10,050 is the resistance zone and the closing upside pivot. Airlines…Follow the oil. The Airline stocks have come a long way and … Continue reading
A.M. Look 11/25/14
Stocks… Spu’s…the first swing count is 2120. DAX…9860-10,050 is an important resistance zone. Bears will try to sell into this level looking for a market correction. I doubt the bears get much. For Bulls, they have to be patient. The … Continue reading