Tag Archives: EUR/AUD
A.M. Look 3/6/14
Stocks… Nasd 100…3722 is today’s micro hold on breaks level. A close below 3655 Friday is needed for a downside reversal and potential market top. Spu’s (H)…as long as the Spu’s hold 1866, look for higher prices. A close below … Continue reading
A.M. Look 3/5/14
Stocks… IYT…134.58 is resistance and the upside closing pivot. QCOM…sustained price action and a close over 76.75 is needed for a move to 83. DIS…81.59 will be pivotal the rest of the week. LNG…50.69 will be pivotal the rest of … Continue reading
A.M. Look 2/28/14
Stocks… Don’t get caught selling weakness into Month end. Bonds.. 30 yr. Bonds…135.25-136.08 is the big over hanging weekly resistance. Sustained price action above 135.15 next week is needed to change the look of the long term charts. Next Friday … Continue reading
A.M. Look 2/27/14 W/Oil Trade Alert!
Stocks… DECK…put in an ORL day. 81.85 looks to be the go or no go level. Good above/negative below. TSLA…shows weekly wave counts around 275. AMZN… near support is 355. Resistance starts around 372. 375.50-387 is no mans land for … Continue reading
A.M. Look 2/20/14
Stocks… Nasd 100…3633 is closing support. Spu’s…price recovery and a close over 1832 will lead to a test of the high. A failure @ 1832 (resistance) and a close below 1800 will lead to a test of 1730 again. SSO…shows … Continue reading
A.M. Look 2/18/14
Stocks… Nasd 100…3633 is closing support. EWA…The Aussie shares have been on a tear. 25.18-36 is the closing resistance level. EWA could retest support @ 24.25 the lowest risk buy zone. Maintaining closes over 24.62 (the Monthly ORH#) is key … Continue reading
A.M. Look 2/12/14
Stocks… Nasd 100…3584 is support and the short term downside pivot. Buy stops are over 3630-35. KBE…needs all new closing strength over 32.45 for another run to retest the ORL reversal # of 33. KRU…the regional banks need to hold … Continue reading
A.M. Look 2/11/14
Stocks… Nasd 100…3584 is the upside pivot for more strength. A monthly close over 3630 leaves way for a test of 3754. THRX…Theravance Inc put in a bullish ORH pattern Friday and has followed through with a close over it’s … Continue reading
EURO
Euro is putting in an ORH day. This is a pattern I’m not interested in chasing into resistance areas. EUR/AUD…after double bottoming this A.M. @ 150.31 level, this cross would need a confirming close above 152.30. EUR/JPY…shows more scope to … Continue reading
A.M. Look 2/4/14
Stocks… Spu’s…can still print into the 1720’s and rebound. Price action early will dictate the day. MSFT…put in an ORL day. Sustained price action and a close below 36.30 will signal a deeper correction. First stop would be a test … Continue reading