Tag Archives: DIG
OIL
Crude…79.50-55 is the exit for the first surge up. Closing over this level is needed for another 1-1/2 dollars up. That was a pretty good high nearing London’s close. XLE & DIG are into resistance areas as well.
A.M. Look 10/29/14
Stocks… DAX…A close above 9110 should be treated as an upside break out. XLE…looks positive. DIG…has been lagging XLE. Sustained price action and a close over 65.00 is an upside breakout. Look to play these ETF’s form the long side … Continue reading
Crude…WTI
82.45 is today’s ORH#. There are resting buy stops above targeting as high as 83.59 . Some of the Oil majors OXY,COP, CVX look to all have room for a descent rally of a few %. DIG…60.50 is initial resistance … 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
Midday Missive
Equity short term traders. RIG… is worth a buy with a 20 cent stop, looking for a rally to 37.20. Both the XLE & DIG are trying to fine footing as well. Same idea…keep it very tight to see what … Continue reading
A.M. Look 9/12/14…W/ Trade Alerts
Stocks… GS…177.25 was last years close. A close today above 182 puts in an ORH week, targeting 192 short term. Semi Annual resistance starts @ 189. By remaining above 177 GS should retest the 215 level it broke from in … Continue reading
Midday Missive
CAT…the macro sell stops are @ 102 which is also Thursday’s (month end) ORL pattern hold #. DIG & XLE look vulnerable to a bigger sell off. Dig could retest the 50 DMA @ 84.70 ( 98 XLE). Oil…would need … Continue reading
A.M. Look 6/12/14
Stocks… XLE & DIG…both put in ORH days. Bonds 30 Yr. Bonds…need new price action either above or below yesterday’s range for new direction. FX… NZD/USD…86.70 was last qtr’s close in the Kiwi, making the first price action above this … Continue reading
A.M.Look 10/25/13
Stocks.. IEO…price action above 82.40 is positive. DIG…64.30 has to hold for higher XLE…85.60 is the hold level TBT…sustained price action over 72.65 is needed for yesterday’s ORH pattern confirmation. Bonds 30 yr.…135.00 will be pivotal. Sustained and closing price … Continue reading
A.M. Look 5/6/13
Spu’s…1592.50-1593.30 is support. Gold…needs over 1486 or under 1440 for a new signal. 1536-39 isgood low risk resistance. Lower retests are 1420 followed by 1400. Silver…24.30 is resistance and the upside pivot. Buy stops are 24.80 which could lead to … Continue reading