Tag Archives: Dax
A.M. Look 3/25/14
Stocks… DAX…needs closes over 9400 for higher. EWG…30.12 is a potential weekly double bottom. Closes over 31 are needed for higher. Nasd 100…3623 is mvg avg resistance and the daily upside pivot. Bonds10 yr. Bond (M)….by holding last night’s low, … Continue reading
A.M. Look 3/21/14
Stocks… Spu’s…(M) 1874-5 will act as resistance and the upside pivot. Nasd (M)…3700 +- a couple will be resistance and the upside pivot. APM4…ASX 200 Futures need new closing strength as well as sustain over 5360 to start another rally. … Continue reading
A.M. Look 3/17/14
Stocks… Nasd 100…(H)…. 3595-3605 is the cover zone for shorts, right into the 50 day mvg avg support zone. Buy stops are @ 3661 with 3675 first resistance. Spu’s…(H) currently need over 1853.00 for a recovery. Spu/Bonds… are currently trading … Continue reading
A.M. Look 3/14/14
Stocks… Nasd 100…(H) 3635 is a potential weekly double bottom with stops below. This is a go or no go area. DB…is working on an ORL qtr with a month end close below 45. DAX…(H) caution back over 9010. Bonds … Continue reading
Late Day
PCLN…is finally giving up the ghost with the Euro. The downside is 1283 followed by 1241. EURO…138.43 is today’s ORL# and support. Once below, look for this to move in 75 tick increments to the downside. Nasd 100…(H)…. Resting sell … Continue reading
A.M. Look 3/12/14
Stocks… Spu’s…(H) Put in an ORL day. 1st support is 1858. This either holds right away or expect a test of 1849-51. Nasd 100.. (H) price recovery back over 3689 is needed to avoid a test of the 3630’s Dax … Continue reading
Pattern Reminder
SPU’s,SSO,Nasd 100,QQQ,QLD,PCLN, ASX 200 Futures,MVV,Midcap 400,XLK,XLV, Are all putting in ORH months. This is a bullish formation. Any one looking to short this formation before Early Monday morning is daft! PG,CB & some of the more mundane names look to … Continue reading
A.M. Look 2/6/14
Stocks.. Dax…9300 is first resistance. Bonds… Bund…have rallied a long way. 143.40 is first support and the short term downside pivot. 30 yr. Bonds…133.18 is resistance. Look for more weakness under 132.27. This could easily give you another point. FX… … Continue reading
A.M. Look 1/30/14
Stocks… Spu’s…I’m still looking to buy around 1730 with a very tight stop. Minimally, I’d like to see the stops below 1760 get elected. Presently, the Spu’s are holding point & figure support @ 1760. Spu’s are in a 35 … Continue reading
Midday Missive
Markets are following the same script on a daily basis with selling of Equities into London’s close. DAX…9386 is weekly support. Nikkei & Midcap…are working on ORL weeks. 15,390 is the Nikkei # 132370 is the Midcap # GOOG…had a … Continue reading