Stocks… Targets remain the same. DAX…94.77-95.15 is weekly resistance and the closing upside pivot. Bonds … 30 yr. Bonds…140.29 is the top of value and short term resistance on the point & figure charts. Once above, look for 142.00 FX… … Continue reading
Stocks… Spu’s….2000 is a natural big level # where it would be imprudent to over trade. It is more a psychological level than a technical boundary. Depending upon where you like to take your swing counts from the 2020’s is … Continue reading
Stocks… DAX…today’s resistance is 9378. Sustained action above should lead to a test of the 200 DMA @ 9500. DXJ…put in an ORH day on Abe new stimulus plan. 50.35-66 is short term resistance. Closing over this level tomorrow starts … Continue reading
Stocks… Midcap 400…140420 is the 50 DMA. I’m focused on this level to run the Indices today. MVV…69.16 is the corresponding level in the ETF DAX…9115 is support. 9390 is resistance and the upside closing pivot. Bonds 30 Yr. … Continue reading
30 yr. Bonds…142.00 was the qtrly break down in Bonds from the first qtr 2013. Any print close to 142.00 is getting rich.Even knowing that this is a level to not buy strength, but start selling rallies again, the Bonds … Continue reading
Stocks… DAX…9390 is today’s resistance. Spu…1952 is support. Bonds 30 Yr. Bonds…140.14-17 is Monthly Fib resistance and the closing upside pivot. FX… Euro…Price action and a close under 133.30 is needed to see another 100 point sell off…Price action above … Continue reading
Stocks… Spu…1939-42 is resistance. 1952 is 50 DMA resistance. Nasd 100…looks better than the broader market. 3910-15 is resistance and the closing upside pivot. Do not fade price action above 3920. Midcap 400…138600 is closing resistance. DAX…9200 is … Continue reading
Stocks… Spu’s…closing back above 1940 will put the Bulls firmly back in control. 1875 is my buy zone. This is the spot I’m buying the Index to see how big of a bounce I can get. Nasd 100…3850 will be … Continue reading
Stocks… DAX…closes under 9550 are needed for a bigger correction. VIX…12.90-13.00 is 1st resistance, followed by 1360 the 200 DMA. Bonds 30 yr. Bonds…while Bonds put in an imperfect double top on the bar charts (just missing the previous high … Continue reading