Tag Archives: Dax
A.M. Look 10/14/14
Stocks… Spu’s….1903 is the 200 DMA, this will be pivotal all week. 1810 is possible with with early failure to hold. Nasd 100…3760 & 3700 are the two support levels ( bounce levels) Dax…8600 is the next targeted bounce level. … Continue reading
A.M. Look 10/8/14
Stocks… Spu/Bonds…the low yesterday matched the yearly uptrend line and cloud support. The spread either holds here or it takes a dive. SPU’s…the 200 DMA is @ 1903. The weekly support line we’ve held all year comes in at 1912 … Continue reading
A.M. Look 9/24/14
Stocks… DAX…9560 is today’s 200 DMA. I’ve attached a DAX/BUND daily and weekly chart. This is Long Dax ( German Equities) vs Short Bund (German 10 Yr. Bonds). We’re at an inflection level in the spreads and the outright Dax. … Continue reading
A.M. Look 9/23/14
Stocks… DIG…74.75 is monthly support. 78.31 is resistance and the Monthly ORL #. DAX…by staying below 9730, look for Dax to break in 80-100 point increments. 9560 is today’s 200 DMA. Nasd 100…has to close over 4080 mvg avg resistance … Continue reading
A.M. Look 9/22/14
Stocks… IYT…put in a potential topping pattern with an ORL day. Price action and a close under 154.00 is needed for lower. X…put in a potential topping pattern with an ORL day. Sustained price action under 44.60 would leave way … Continue reading
A.M. Look 9/19/14
Stocks… DAX…10,000 is the key resistance and upside break out level. A couple of closes over this level is needed for another big leg up. Dax is putting in an ORH weekly formation. Holding 9800 on the next break keeps … Continue reading
Midday Missive
EUR/AUD….140.25 was last weeks break down level. Price action above here would leave way to 141.35-40…this is the low risk sell zone where you want to sell the Euro and buy the Aussie via the cross with a 30 pip … Continue reading
Midday Missive
ETF Traders & Portfolio managers.. HEDJ…Long European Equities with a short Euro hedge. The Risk is a close back under the 200DMA @ 56.40 DXJ…Long Nikkei with a short Yen hedge. The risk is a close under 49.50. They are … Continue reading
A.M. look 9/4/14
Stocks… Dax…Hit big resistance just shy of 9700 yesterday. This still seems to be the lowest risk Equity Index short given the defined out. Nasd 100…put in an ORL day. Sustained price action and a close over 4095 would lead … Continue reading
A.M. Look 8/27/14
Stocks… Targets remain the same. DAX…94.77-95.15 is weekly resistance and the closing upside pivot. Now that we’ve broken above this zone I’m looking to buy a 100 point pull back HEDJ…56.60 is the buy zone for this ETF. Buy breaks … Continue reading