Tag Archives: EUR/JPY

A.M. Look 12/8/14

Stocks… Spu’s…2058 is this week’s support Bonds … Bund & Italian Bond Futures expire today. FX… EUR/JPY…148.23 is today’s ORL #. Sustained price action under 148.00 is needed for further profit taking. USD/JPY…119.69 is today’s ORL #. Sustained price action … Continue reading

A.M. Look 12/5/14

Stocks… Spu’s…2060.75 is the must hold level. 2060.75 is the level to key off of. This is the weekly ORL#. This will act as support and the closing downside pivot with resting sell stops below. Price action below here will … Continue reading

European Close

Spu’s…2060.75 is the level to key off of the rest of the week. This is the weekly ORL#..This will act as support and the closing downside pivot with resting sell stops below. Price action below here will run out all … Continue reading

A.M. Look 11/19/14

Stocks… DAX… The weekly ORH # is 9400, the level that needs to hold on a break. 9510 is today’s 200 DMA. All new closing strength over this resistance level is needed for a test of 9820. MVV…71.31 is support … Continue reading

A.M. Look 11/18/14

Stocks… DAX…put in an ORH day with a close over 9290. The weekly ORH # is 9400. Closes over 9490 will have European equities take the lead upward. CAT…closed right on it’s ORH # of 101.70. Investors looking at this … Continue reading

A.M. Look 11/18/14

Stocks… DAX…put in an ORH day with a close over 9290. The weekly ORH # is 9400. Closes over 9490 will have European equities take the lead upward. CAT..closed right on it’s ORH # of 101.70. Investors looking at this … Continue reading

A.M. Look 11/11/14

Stocks… Spu’s…need a close under 2020 to see profit taking hit the Equity Indices in the U.S. Nasd 100…keeps putting in higher daily lows, a bullish formation.Only a close under 4142 could change the short term sentiment, although I doubt … Continue reading

A.M. Look 11/7/14

Stocks… Spu’s… could go as low as 2009-12 without doing any pattern damage on a disappointing payrolls #. DAX…9310 is today’s 50 DMA XLY…Consumer Discretionary will get up and go over 68.10. Both XLE & DIG look good to me … Continue reading

EUR/JPY

The resting sell stops are @ 142.36. Electing those stops will lead to more weakness in the Euro today. We’re still working an order to buy the cross at 141.25. The cross could go as low as 140.40 and still … Continue reading

A.M. Look 11/6/14

Stocks… DAX…91.60 is this weeks support and the downside closing momentum level. Sustained price action and a close above 93.65 should be considered an upside break out. Spu’s… have a potential double top @ 2020. 1993 is today’s low risk … Continue reading