Tag Archives: Euro

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 11/17/14

Stocks… Nikkei…Japan is putting an ORL day with a close below 17,335. 17,175 is first support and the downside momentum level. ASX 200…5431 is today’s ORL # as well as the 200 DMA. Spu’s…2020-22 is support and the closing downside … Continue reading

EUR/GBP

79.83 is the next daily level in this cross. it’s attempting a momentum break out on the weekly charts. Let it breathe up here. Euro just ran all the short term shorts out again. The resting buy stops start over … Continue reading

GBP/USD

Sterling is being sold against pretty much everything. Gold,Canada,Oil, & Euro. It’s got farther to go. Look for a test and a probing of the next set of macro sell stops just below 155.00

A.M. Look 11/14/14

Stocks… ORCL…put in an ORH day. Buy early weakness against 40.45 with a stop below 39.95 close. This is a good candidate for an opening range trade today. If this holds and starts up after the opening you can buy … Continue reading

A.M. Look 11/13/14

Stocks… Nasd 100…I’m looking for an eventual 4400. Spu’s..2060 is the next level technicians are targeting. Bonds … 30 Yr. Futures… 142.10 is weekly resistance and the closing upside pivot. FX… AUD/USD… 87.35-50 is closing resistance that has to be … Continue reading

A.M. Look 11/12/14

Stocks… Welcome to the mid-week shuffle. There is no change to the technical levels in the major indices. Many individual instruments are trading overbought. Nasd 100…4138 is the first support. Spu’s…2013-14 is descent support today. You still need a close … Continue reading

The late Show

We were stopped out of the remaining short Euro position @ 124.96. AUD/USD…is attempting an ORH day. Euro…a close over 125.10 cash was needed for that pattern. OIL…has had a nasty habit of putting in big rallies going into Brent … Continue reading

The Late Show

We were stopped out of the remaining short Euro position @ 124.96. AUD/USD…is attempting an ORH day. Euro…a close over 125.10 cash was needed for that pattern. OIL…has had a nasty habit of putting in big rallies going into Brent … 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