Tag Archives: EUR/AUD
Midday Missive
EUR/AUD….140.25 was last weeks break down level. Price action above here would leave way to 141.35-40…this is the low risk sell zone where you want to sell the Euro and buy the Aussie via the cross with a 30 pip … Continue reading
Midday Missive
Spu’s…just double topped on the Point & Figure chart. All new price action is needed over today’s high for more up. Spu’s have to close below 1995 to think there will be any pattern damage. It will be a late … Continue reading
A.M. look 9/4/14
Stocks… Dax…Hit big resistance just shy of 9700 yesterday. This still seems to be the lowest risk Equity Index short given the defined out. Nasd 100…put in an ORL day. Sustained price action and a close over 4095 would lead … Continue reading
A.M. look 9/2/14
Stocks… DXJ…gains upside momentum over 50.10. XLE…the energy SPDR is looking good. This has room to run to close to 100. Bonds … 30 yr. Bonds…140.21 is first support. The point & figure chart has room for a move to … Continue reading
A.M. Look 8/7/14
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
A.M. Look 7/23/14
Stocks… BIIB…294.45 is 200 DMA and monthly trend support. 302 is the Monthly ORL #, the level that needs to hold for a positive pattern at month end. BA…Boeing reports today. 130.30 is the 200 DMA resistance. This one needs … Continue reading
A.M. Look 7/22/14 With NFLX Trade Alert!
Stocks… Welcome to the mid-week shuffle. Let instruments you’re interested in set up today before you get involved. Bonds 30 yr. Bonds…could probe as low as 137.22 and hold. FX… EUR/AUD…is attempting an ORL day. Shorts should be defensive back … Continue reading
A.M. Look 6/24/14
Stocks… AUQ…Aurico Gold is attempting an ORH month with a close over 4.35. As long as this holds breaks around $3.90-4 this has potential to make a run toward 6 on the longer time frames. ABX…18.13 is the 200 DMA … Continue reading
A.M. Look 6/23/14
Stocks… UNH…looks good on the weekly chart with an ORH week. JPM…remains firm over 57 close CELG…is a name that will be in play going into qtr end. A close over 175.17 is needed for an ORH qtr. MELI…Mercadolibre is … Continue reading