Tag Archives: Euro

A.M. Look 9/24/15

Stocks… Spu’s…we saw a mid week rally to nowhere. Sell rallies. NASD 100… 4238 (unchanged on the year). Closing below would set off another wave of selling before the end of the qtr. DAX…new sell stops are below 9483 which … Continue reading

A.M. Look 9/22/15

Stocks… DAX…auto makers are causing a route in Germany causing spill on effect across the U.S. equity indices. I’m looking for a retest of the last low of 9300. NASD 100…4240 is today’s Fib support matching 4238 (unchanged on the … Continue reading

A.M. Look 9/18/15

Stocks… Nasd 100 (Z)…could not sustain above it’s 200 DMA. Spu’s….(Z) needs a close above 1990 for any upside. A close below 1950 accelerates the down. DAX…needs a close over 10250 for any upside. Sell rallies. Bonds … Bunds…155.50 is … Continue reading

A.M. Look 9/16/17

Stocks… Nasd 100…4387-93 is the 200 DMA depending upon which continuation chart you wish to use. December Futures trade @ about a 10 point discount to September or cash. BUD…119.70 is the 200 DMA. I just sold my longs in … Continue reading

A.M. Look 9/15/15

Stocks… Spu’s…(Z) 1919-22 is support and the closing downside pivot. Short term Spu’s weaken under 1944.  1964 will delineate the upper band today. Do not fade price action above. Nikkei…weakens under 17945 NBIX…seems to have run it’s course on this … Continue reading

A.M. Look 9/10/15

Stocks… Spu’s…1919-22 is support and the closing downside pivot. 1968 will delineate the upper band today. Nasd 100..a close under 4240 is needed for further downside. Nikkei…futures expire. December is front month. Bonds … FX… Euro…needs a close over 112.30 … Continue reading

A.M. Look 9/9/15

Stocks… Spu’s…1992 was the Aug high we imploded from. It’s also mvg avg resistance that needs to be closed over for more strength. Nasd 100..4368.25 is that same #, however the mvg avg resistance was 4328. DAX…traded right into resistance. … Continue reading

A.M. Look 9/8/15

Stocks… AAPL…needs a close over 112.50 resistance for upside momentum IBB…needs a close over 352 to break out of it’s recent range. Spu’s…resistance is 1969 with small stops over 1973.50 leading to a possible bull trap @ 1979 the first … Continue reading

A.M. Look 9/2/15

Stocks… Spu’s…It would take over 1939-41 for any meaningful short covering. Nasd 100…4268 and 4379 are the resistance levels. Bonds … Bund…(SEPT) 154.30 is today’s resistance. This needs sustained price recovery back over 153.35 to rally anywhere. FX… USD/JPY…119.00-40 is … Continue reading

A.M. Look 9/1/15

Stocks… Spu’s…1967.25 is closing resistance. Nasd 100…4238 and 4389 are the resistance levels. IBB…anything into 326 is a possible hold zone. Closing below is negative the indices. Closes back over 350 are needed to form up for a bullish pattern. … Continue reading