Stocks… Spu’s…sustained price action under 2081 is still needed to budge the Bulls. Nasd 100…4659-65 is short term support and the downside pivot. DXJ…55.12 is the closing hurdle for upside follow through. WTW…the fat lady is singing. A pull back … Continue reading
Stocks… GOOGL…would take under yesterday’s low of 757.47 to see profit taking. AMZN…643.05 is the corresponding #. SHCOMP…had another strong night ending the week on it’s high. The Comp is moving toward a retest of it’s 200 DMA 3761. Bonds … Continue reading
Stocks… It’s all about where the breaks hold. Spu’s…2081 is the low risk buy #. Nasd 100…4690 is today’s short term barometer. Good above/Weak below. 4677 is today’s ORL # Bonds … 30 Yr. Bonds…153.22 is weekly mvg … Continue reading
Stocks… Spu’s… 8/19/15 high we broke from was 2093.25. It was Mid-week high. Note should be taken at yesterday’s index lows ( SPU’s 2073.50 & Nasd 100 4642.75) which would be today’s ORL #’s. These are the panic levels for … Continue reading
Stocks… Spu’s… 2095 + a few is cloud & mvg avg support. A close under this level is needed for more downside. Nasd 100…4550-60 is the low risk buy zone. AAPL…this is a long with a 122 stop. Buy on … Continue reading
Stocks… Equity Indices did not get quite low enough yesterday. TSLA…247.45 is support and the downside momentum #. Closer to 230 would be a better place to initiate a new long. ACT…show me something under 297, the 50 DMA, to … Continue reading
Stocks… Spu’s…only come under pressure with price action below 2112, Monday’s London Low. DAX…11,852 is mvg avg resistance. Closes over 12,000 starts a new leg up. HEDJ…66.20 is the matching #. Spu’s,Nasd 100 & QLD put in ORH days. … Continue reading
Stocks… GEVA…is today’s big winner. Biotech lottery is in full swing. Spu’s… seem stuck between 2065 & 2095. I’m not looking for follow through trade. Bonds … Bunds…155.74 is the key feature. Maintaining and closing below this level would mark … Continue reading
Stocks… Equity Indices will be all about the mid-week shuffle. They’ve tried up early week. We need to see where they hold late week. Bonds … Bunds…155.74 is the key feature. Maintaining and closing below this level would mark the … Continue reading
Stocks… Spu’s…2047 will be pivotal today. IWM…120.83 is the 50 mvg avg. 119.40 is the low risk buy level. Bonds … Bund…158.10 is the low of the weekly range. This is support and the downside pivot. FX… EURO…put in … Continue reading