Tag Archives: Dax
Midday Missive
Goldman,NFLX,PCLN & GOOGL are all coming into support matching the 1954 level in the Spu’s. DAX has reached weekly support, although the daily maps show another 50 points is possible. AAPL…would need a close under 94.10 for the world to … Continue reading
A.M. Look 7/1/14
Stocks… GS…resting sell stops are @ 166.35. 166.65-78 is 200 DMA & trend support. Nikkei… is attempting to break out on the qtrly charts to the upside. A close over 15,500 is needed for more upside. The low of the … Continue reading
A.M. Look 6/25/14
Stocks… VIX…12.50 is the 50 DMA. 12.90 looks to be the momentum # and upside pivot.14.00 is the 200 DMA and the next significant level. LNG…put in an ORL day. Price recovery over 67.40 will be needed to negate the … Continue reading
A.M. Look 6/16/14
There will be no published research tomorrow, Tuesday 6/17/14. Stocks… Nasd 100…(M) minimally needs price recovery over 3780 to retest the high. Price action below 3754 could lead to a deeper correction. DAX…last night’s low is matching up with the … Continue reading
A.M. Look 6/13/14
It’s Friday the 13th with Full Moon Fever. “Stand my ground, I won’t back down” (Tom Petty…Album… Full Moon Fever.) “I know what’s right and I won’t back down” The Bulls will have their work cut out for them “Hey … Continue reading
Equity Indices & Further Comments
Nasd 100…resting sell stops are @ 3714, today’s ORL # 90.81 QQQ Spu’s…resting sell stops are @ 1916, today’s ORL # 192.26 SPY DAX…resting sell stops are @ 98680, today’s ORL # 31.87 EWG VIX…by holding today’s low this could … Continue reading
A.M. Look 5/28/14
Stocks… Nasd 100…3740.50 is the year high. This is a natural place to look for price rejection, however convincingly closing above this level gives much higher price targets. Nasd would need under 3685 to do any damage to the Bullish … Continue reading
Midday Missive
World interest rates are in play with the Italian 10 leading the the peripherals lower against the Bund ( German 10 Yr.) DAX…97.28-40 is pattern resistance and the closing upside pivot. Midcap 400 Futures….(EMDM) I would need a close over … Continue reading
A.M. Look 5/16/14
Stocks… Spu’s…a close under 1854.50 puts in an ORL week. DAX…9600 is today’s support and the closing downside pivot. Below, 9470 ish is the next level to look for a bounce. EWZ…the rally in Brazil looks tired. A close under … Continue reading
Europe
Dax is done rallying for a while with a potential ORL day. Euro…price action above 137.33 will run out all the weak shorts. Italian 10 yr…the Italian Bonds have blown off. EUR/AUD…is attempting an ORH day. This is still a … Continue reading