Sell the AUD/USD @ 94.20. ( 93.72 Dec. Futures). We’ll be using a 25 point stop. We’re looking for an initial 60-70 point break off the level. That would likely see EUR/AUD testing the 142.15 area. This is where the … Continue reading
Stocks.. Spu’s…1704-05 will be pivotal early. Below, the Spu’s could try to trade back to 1690. Bonds 30 yr. (Sept)…133.15 is resistance and the closing upside pivot. FX… USD/JPY…98.27 is Dollar support/ Yen resistance ( 101.76 Sept. Futures) GBP/USD…157.20-50 is … Continue reading
Stocks.. EWP…Spain…33.07 is potential double top level on a monthly chart, however once maintaining and closing over this area, look for an initial test of 34.65 with much higher long term tgt’s. 31.75 is the buy level In Spain on … Continue reading
Stocks.. Spu’s…1680.50 is near resistance. 1665 is support. Nasd 100… 3200 should be sticky the first time up. This is just not a level to buy strength. Bonds… Bunds…are very oversold. 30 yr…tgt’s and resistance remain the same. Italian 10 … Continue reading
FX… AUD/USD…could get as high as 92.30’s. AUD/JPY…92.15 is weekly resistance EUR/AUD…143.11 would be an extreme low today. General Comments or Valuable Insight The Aussie and the commensurate crosses are what’s in play today. EUR/AUD could eventually work … Continue reading
Stocks.. Spu’s…needs over 1654 resistance to confirm higher. DAX…8270 is resistance and the upside pivot. Euro Stoxx 50…2790 is resistance and the upside pivot. Nikkei…14.170 is resistance and the closing upside pivot. Bonds… 30 yr…is caught between 132.15 & 131.22. … Continue reading
Stocks.. Nasd 100…3083 was last months close. It all comes down to the end of day, will it close higher or lower on the month? Bonds… 30 yr….132.15 has to hold on a break for higher. FX… Euro…needs a close … Continue reading
Stocks.. Spu’s…are caught between 1627 and 1638. Nasd 100…needs to sustain over 3085 for higher. Bonds… No change FX… Euro…is into short term support at 132.40-20. EUR/AUD…a close under 148.22 is needed for help with more Euro weakness Commodities… Gold…so … Continue reading
Stocks.. Spu’s…1629-30 is short swing Fib support. Closing under this level will lead to a new dynamic, which we’ll address if we see price action under this level. Sustaining and closing over 1644 would confirm a temporary low, something we’ve … Continue reading
Stocks.. NFLX…I have a near term 280 tgt. This level should prove to be descent resistance, causing this stock to back and fill. This is an exit zone the first time up.Nasd 100…needs a close over 31.05 to turn up. … Continue reading