Stocks… ZIOP…By holding above 13 I’m looking for this to go to 15.60 and then 18. MSFT…put in an ORH day. Sustained price action and a close over 42 should see MSFT move in 50 cent increments to the upside … Continue reading
79.83 is the next daily level in this cross. it’s attempting a momentum break out on the weekly charts. Let it breathe up here. Euro just ran all the short term shorts out again. The resting buy stops start over … Continue reading
Sterling is being sold against pretty much everything. Gold,Canada,Oil, & Euro. It’s got farther to go. Look for a test and a probing of the next set of macro sell stops just below 155.00
Stocks… Nasd 100…I’m looking for an eventual 4400. Spu’s..2060 is the next level technicians are targeting. Bonds … 30 Yr. Futures… 142.10 is weekly resistance and the closing upside pivot. FX… AUD/USD… 87.35-50 is closing resistance that has to be … Continue reading
Stocks… Spu’s….1810 is support and closing below 1800 leaves way for a test of 1725-30. Nasd 100…3700 is support and the closing downside pivot for another 150-200 points. Minimally, this has to gain traction back over the 200 DMA @ … Continue reading
Stocks… IWM…115.11 is resistance and the upside closing pivot. XOM…98.11 is the 200 DMA. EXXON has been going sideways and holding it’s 200 DMA while the Crude and Brent have been imploding for the past 12 trading days. Of the … Continue reading
JJG…38.58 is last months close. Price action and a close over 38.80 is needed to signal a short term bounce. Corn…is oversold and is attempting to rally. (Z) could rally to 3.796 resistance. This is also the upside closing pivot … Continue reading
We have no positions…The orders below are good working orders. These are the orders that should be working! Today’s Working Orders …. SELL USAU (30 yr. Bond Futures) @ 140.14 BUY GBP/USD @ 166.75 …………………………………………………………………………………. EUR/GBP …The rally in 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
GBP/USD…buy stops are just over 156.10. Once above look for 157.30-60. Daily support and the downside pivot is 155.25. Below, look for a figure to the low 154’s. EUR/GBP…macro sell stops are under 83.90 Euro…131.32 is support and the downside … Continue reading