Tag Archives: Dax

The Late Show

The path of least resistance is up the later in the day it gets. JPM & C are attempting ORH days. GS…is attempting an ORH day. A close over 190.20 would confirm the pattern. KBE… breaks out with a close … Continue reading

A.M. Look 2/19/15

Stocks… DAX…10,770 is support. Sustaining and Closing below this level will lead to a sell off of a couple of hundred points. 11,000 was the tgt for this swing and is now resistance and the closing upside pivot. Closes over … Continue reading

A.M. Look 2/18/15

Stocks… DAX…10,770 is support. Sustaining and Closing below this level will lead to a sell off of a couple of hundred points. 11,000 was the tgt for this swing and is now resistance and the closing upside pivot. Spu’s..2060 is … Continue reading

A.M. Look 2/17/15

Stocks… DAX…10,770 is support. Sustaining and Closing below this level will lead to a sell off of a couple of hundred points. 11,000 was the tgt for this swing and is now resistance and the closing upside pivot. Spu’s..2060 is … Continue reading

Midday Missive… w/ Position…. Order updates and Trade Alerts!

I’ll be leaving for meetings after London’s close. Nasd 100…4339 is the high daily & monthly close of the past 14 years. I’d look for natural price rejection the first time up. DAX…11,000 is going to be troublesome. dax needs … Continue reading

A.M. Look 2/10/15

Stocks… SPU’s…the mid to high 2060’s will remain resistance and the closing upside pivot. 2039 is 50 DMA support. Nasd 100…the mid to high 4260’s will remain macro resistance and the closing upside pivot. DAX…10,590 is mvg avg support and … Continue reading

Coast to Coast

P&G is a name I like here. OIL…54 is resistance. I doubt it will get there today. 30 Yr. Bonds…149.10 is support and the closing downside pivot. It is a must hold level for the 30. Gold…1254 is the 200DMA. … Continue reading

The Late Show

IWM,MVV,DIG,XLE,BMY & Nikkei are all attempting daily ORH patterns. SLB led the energy names early. XOM…is looking firm. A close over 93.30 is needed to confirm a tradable low. Line…needs a close over 10.30 to confirm the 9 low. IBM…failed … Continue reading

A.M. Look 1/6/15

Stocks…   SPU’s…2012 was the lower end of our support zone. Sustaining above 2025-8 will keep the Equity Indices bid into mid week. Closing below 2010 would have me looking for another 40 points down in this Index. DAX…9550 will … Continue reading

Midday Missive

Equity/Bond spreads…plain and simple that is the game. Gilts…120.76 is resistance and the closing upside pivot. A couple of closes over this level should lead to a test of the 124.00 handle. Equity Indices from the Dax to the Spu’s … Continue reading