Tag Archives: Euro
A.M. Look 12/16/14
Stocks… Spu’s…(H) needs to sustain above 1992 for a short covering rally.(Z) Dec. level is 2000, they’re respective 50 DMA’s. 1995 is the Monthly ORL # which either month must maintain above to avoid a slide to 1945. NASD 100…50 … Continue reading
Midday Missive
Time for all Longs to assess their holdings. Biotech has been a counterweight to Oil & related Energy name weakness all A.M. EUR/JPY held a big technical level, led by Euro strength. VIX…13.80 is 200 DMA resistance. Look to match … 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
Midday Missive
EURO…124 + a few was a good initial high. Looking at the Dollar index the worst of the short covering rally could be over. DAX…had a descent break and DAX/BUND spread is coming into the 200DMA support level. The worst … Continue reading
A.M. Look 12/4/14
Stocks… Spu’s…the initial swing count is still 2120 which was generated from the 1813 Oct. Low DAX…10,000-10,050 is the resistance zone and the closing upside pivot. ASX 200…5380 is resistance and the upside closing momentum level, with 5418 being … Continue reading
A.M. Look 12/3/14
Stocks… DAX…10,000-10,050 is the resistance zone and the closing upside pivot. Bonds … 30 Yr. Futures…the world is trading (H) March Bonds, however I’m in Dec Bonds which need to hold around 141.31 to avoid a further slide. FX… Euro…122.30 … Continue reading
Midday Missive
EURO…124.80 is resistance and the upside closing pivot for a move to 126. The current low looks to be pretty good. SOYBEANS…break out to the upside on a close over 10.50 for a move to just shy of $11. Equity … Continue reading
A.M. Look 11/20/14
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. Midcap…needs over 14,3200 … 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