Tag Archives: Dax
Midday Missive
The DAX looks to have bottomed for a bit. HEDJ… has rejected yesterday’s negative technical pattern. This should go up and test 65.60 if it’s good. Closing over 66.20 should be considered a resumption of the trend. Metals & Miners…Silver … Continue reading
The Late Show
DAX & Euro Stoxx have the most abysmal chart patterns with ORL’s. SAP…needs to hold 74.15 on a closing basis to help out Europe. As of now it’s showing a 6 day Island top. A 75.47 print is needed over … Continue reading
UVXY…Trade Alert!
SELL UVXY @ 10.48 ! This is a closing trade. I’m placing a price order to take another 7% out of the trade. This needs a close over 10.85 to confirm a bigger move up in VIX. DAX is weakening … Continue reading
A.M. Look 4/27/15
Stocks… AAPL…Reports after the close today, this will be a key market driver. HSBC & Deutsche Bank will be moving this A.M. DB off better than expected earnings and HSBC possible restructuring to move headquarters out of the U.K. DAX…11,730 … Continue reading
A.M. Look 4/24/15
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. ACT…is gaining upside momentum. Keep this teed up for an opening range trade today. You’re looking for an upside move. … Continue reading
A.M. look 4/23/15
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. Bonds … Bunds…159.00 is the qtrly pivot. A close under the 50 DMA @ 158.84 is needed to confirm lower. … Continue reading
A.M. Look 4/22/15
Stocks… Nasd 100…put in a new high last night with China strength. A close under 4402.75 is needed to see some cracks develop in the bull thesis. Midcap 400…151170 is mvg avg support. Only sustained price action and a close … Continue reading
A.M. Look 4/21/15
Stocks… DXJ…56.87 is this years high with resting buy stops above which should test 57.50-75, the 2014 high. Nasd 100…there is a potential weekly double top @ 4441, however once above do not fade. DAX… A close over 12,070 is … Continue reading
A.M. Look 4/20/15
Stocks… Spu’s…A close below 2060 is needed for downside. Sustained price action and a close is needed over 2095 for higher. VIX…13.35 is support. Closing below this level is needed for more upside in the Indices. DAX…held the 50 DMA … Continue reading
A.M. Look 4/17/15
Stocks… Nasd 100…needs a close over 4335 for more upside. 4355-65 is daily support. Spu’s… price action under 2079 is needed to turn the P&F lower. 2070 is support and the market meltdown level. DAX…I need to see 11,800 hold … Continue reading