Tag Archives: Euro
A.M. Look 10/29/15
Stocks… Spu’s…2053 is support and the downside pivot. Use 2085 for resistance. Bonds … FX… Euro…110.40 is today’s point & figure resistance. Commodities… Oil…46.30 is resistance and the closing upside pivot. General Comments or Valuable Insight There was a lot … Continue reading
A.M. Look 10/28/15
Stocks… Spu’s…2053 is support. Spu’s need to print 2049-50 for a reversal to appear on the Point & Figure chart. GILD…107.15 is the 200 DMA. You’d need sustained price action below for any real profit taking. UNH…will need over 120 … Continue reading
A.M. Look 10/27/15
Stocks… Spu’s…2055 is support and the downside momentum level. As of now you’d need to see sustained price action below 2053 to see profit taking. GOOGL… weakens below 711. AMZN…weakens below 579. Bonds … 30 Yr. Futures…can squeeze up … Continue reading
A.M. Look 10/26/15
Stocks… Spu’s…2055 is support and the downside momentum level. As of now you’d need to see sustained price action below 2053 to see profit taking. GOOGL… weakens below 711. AMZN…weakens below 579. Bonds … 30 Yr. Futures…are caught between … Continue reading
A.M. Look 10/16/15
Stocks… Nasd 100…4384 is support and the downside pivot. Bonds … No desire to be short FX… EURO…113.20 is support. Equities down has been positive Euro. Commodities… OIL..47.20 is resistance. General Comments or Valuable Insight Attached is my … Continue reading
A.M. Look 10/09/15
Stocks… XLU…put in an ORH day. 44.39 is 200 DMA resistance. 43.75 is support. XLK…41.81 is resistance. NFLX…put in an ORH day. Retest support is 109.30. Nasd 100…4390 is resistance. Bonds … 30 Yr. Bonds…despite the ORL Bonds traded right … Continue reading
A.M. Look 10/2/15
Stocks… Spu’s…by holding a break to 1900 there is room for a move to 1936 +- a few. This is today’s first exit zone for longs. Closing above leaves room for another 40 points. Nasd 100…resistance is 4259 matching last … Continue reading
A.M. Look 9/29/15
Stocks… Bonds … 30 yr. Bonds…look to be headed to 156.20 +- a few, right where it took off from yesterday. The Long term Point & Figure shows that price action below 155.00 is needed for a trend reversal lower … Continue reading
A.M. Look 9/28/15
Stocks… Spu’s…sell stops are @ 1897.25 NASD 100… 4238 (unchanged on the year) “last night’s high” 4180-85 is near support. There is a 10 point wiggle room at this level. Nasd weakens below. GOOGL…put in an ORL day Friday. 621 … Continue reading
A.M. Look 9/25/15
Stocks… Spu’s…1950.25 was last weeks close. Current resistance is into 1952-55 NASD 100… 4238 (unchanged on the year). 4319 is resistance. A close over this level is needed for higher. AAPL…118 is pattern resistance. NKE…is the standout performer this A.M. … Continue reading