Stocks… Spu’s …1992 is first resistance. 1909-13 is the exit zone for new longs. Breaks today into unchanged on the week 1877 Spu’s & 4130-40 Nasd 100 should initially be met by buyers in the U.S. session. Bonds… 30 Yr…..158.09 … Continue reading
Stocks… Spu’s…are unchanged on the year. 2069 is closing resistance and the next upside momentum #. SPY…207.30 is resistance. 203 would be a low risk buy. DAX…10,580 is resistance and the closing upside pivot.IBB…needs a sustained price action and a … Continue reading
Stocks… Spu’s..(Z) 2049 will become resistance. The low 30’s can trap new shorts. Nikkei…(H) closing under 18.950 is negative. DAX…(Z) needs back above 10,482 close to keep from sliding further. AMZN…646 is the must hold level going forward. IBB…needs to … Continue reading
Stocks… Spu’s…2065.50 is the weekly ORL # and today’s 50 year line. Do not over trade this level. This will be an end of day game to see if the chart patterns can be saved. Nasd 100…4620 is the weekly … Continue reading
Stocks… Spu’s…will need under 2076 for downside. The upside remains the same. DAX…held it’s 200 DMA on yesterday’s low. Bonds… FX… Euro…106.20 is resistance. Above, there is not much until 107. With a positive take on easing Euro could … Continue reading
Stocks… DAX…has been running the board since the European open. BUD…sustained price action over 128.35 keeps this firm. Bonds… 30 yr….most systems have been forced rolled to the March (H) contract which trades @ 1-1/2 point discount to the Dec … Continue reading
Stocks… BBY…is showing a seasonal bounce. Sustaining over 31.65 is needed for a move to 33 +- a few. GOOGL…ran the Spu’s yesterday both up and down. I try and put out the obvious matching technical levels in the … Continue reading
Stocks… Spu’s… 2097.75 was last Wednesday’s high and this weeks ORH #, near term support is 2072. DAX..is breaking above it’s 200 DMA. 11,050 is near term support. GOOGL…766.35 is the only # that can reject. This has the potential … Continue reading
Stocks… Spu’s…2059 is today’s 200 DMA. 2067 is Fib resistance and the closing upside pivot. DAX..looks to test it’s 200 DMA @ 11,080 just above this months high. MMM…is a name that did not sell off on this recent market … Continue reading
Stocks… Spu’s…spiked it’s 50 DMA @ 2002 and reversed. 2047 is resistance. Nasd 100…4523 is first resistance, followed by 4563 (Friday’s breakdown level) Nikkei…19,395 is the 200 DMA. This is the only Index holding it’s averages with a big early … Continue reading