Tag Archives: Dax

A.M. Look 7/8/16

DAX…9740 is resistance and the upside closing pivot. Spu’s..2123 is the level that will not go away. Caution, if we run the 2119.50 buy stops. This is a good spot to jam new longs. This is a closing level.

PCLN

Daily Market Intelligence 6/30/16

Daily Market Intelligence 6-30-16

A.M. Look 6/29/16

Welcome to the Mid-Week Shuffle DAX…9750 is resistance and the upside closing pivot. Spu’s..the bigger swing Fibs come in @ 2050. I don’t think you’ll get quite that high today. Spu’s are basically unchanged on the year. Gold…it would take … Continue reading

Daily Market Intelligence 6/28/16

Daily Market Intelligence 6-28-16

The Late Show

Spu’s were not quite able to get to the buy level of 1965. I’d look at the rest of the day as contra Europe price action where the U.S. Equities find buyers. DAX…9170 is the 500 week mvg avg, a … Continue reading

A.M. Look 6/24/16

DAX…9429.5 will be a pivotal level for market tone going into London’s close. This is the weekly ORL # matching the 200WMA. Spu’s…2041 is the weekly closing ORL #. Spu’s only have to close over this level for the U.S. … Continue reading

A.M. Look 6/22/16

Welcome to a very big Mid-Week shuffle. The bottom of the pit gap in the 30 Yr. Bonds is 167.04. Traders that are short should use the weakness to lighten up and close out trades before the Brexit vote. Gold … Continue reading

A.M. Look 6/20/16

The board went Risk on last night with the latest Brexit Poll. Deutsche Bank is up close to 4% this A.M. EUFN should be a big winner this A.M. DAX…. GBP/USD.. . ​30 Yr. Bonds.. . Gold…1278-80 is near support … Continue reading

A.M. Look 6/14/16

Can the Equity Indices stabilize today? The Bund (165.33) & Italian 10 Yr. into (140.25) are both at initial extremes. Both need another 30 ticks for additional follow through. Bund would need a close over 165.65 BTP  would need a … Continue reading