Stocks… Bonds … 30 Yr. Bonds…(M) 161.10 is a descent resistance level for today. BUNDS…(H) Futures expire today. June (M) is front Month. FX… EURO…To elicit any meaningful short covering, you’d need to see price action over last night’s … Continue reading
Stocks… AVGO…put in an ORH day. If this holds early and starts up it can go. Opening range trading 101. RCPT…put in an ORH day. If this holds early and starts up it can go. Opening range trading 101. PCYC…the … Continue reading
Stocks… SPU’s…2093-95 will be pivotal all day. The index can hold here, however sustained price action under will lead to more profit taking. DAX..11,200 is the hold level. Sustained price action below this level will have me looking for a … Continue reading
Stocks… Spu’s…2095 will act as support. This level will be pivotal all week. Strong above/Weak below. Euro Stoxx 50…price action under 3498 will run out weak longs. DAX…10,900 is the hold level. Nikkei…18,425 is today’s ORL # Bonds … … Continue reading
Stocks… SPU’s…the mid to high 2060’s will remain resistance and the closing upside pivot. 2039 is 50 DMA support. Nasd 100…the mid to high 4260’s will remain macro resistance and the closing upside pivot. DAX…10,590 is mvg avg support and … Continue reading
The highs in both the Nasdaq 100 & Spu’s need to see price action above after NYSE opens to avoid a sell off to unchanged or lower. Time Frame Trading. FX… from 2/5/15 EURO…114.85 is resistance. 113.00 is support. Today … Continue reading
Stocks… SPU’s…2049.25 is today’s ORH # MIDCAP…147230 is today’s ORH # Bonds … FX… EURO…114.85 is resistance. 113.00 is support. GBP/JPY…177.50 is support and the closing downside pivot. Look for this to trade in the direction of U.S. Equity Indices. … Continue reading
Stocks… Spu’s…2041 is 50 DMA resistance and the upside pivot today. 2029 is support. NASD 100…4228 is 50 DMA resistance and the upside pivot today. 4184 is support. SLB…83.80 is support and the low risk buy zone. GOOGL…553 is resistance … Continue reading
Catching up. SPU’s…bottomed @ the 200 DMA yesterday. A close tomorrow over the 50 DMA @ 12041 (126.50 SSO) is needed to confirm a low. OIL…just hit it’s initial upside tgt @ 54.00 EURO…any price action over 115.10 is too … Continue reading
EURO…114.46 is resistance and the upside momentum # GBP/USD…needs over 152.50 resistance to extend. X…U.S. Steel 21.56 is the closing upside momentum #. Gundlach has made positive comments on the Gold & Oil. Look for a resumption of Short Euro/Long … Continue reading