Tag Archives: Euro
A.M. Look 10/31/14
Stocks… Nasd 100…4074 should be used for early market tone. 4103 is resistance. Closes over 4120 are needed to start a whole new Bull leg higher into year end. SPU’s…put in an ORH day yesterday. Closes over 2022 start another … Continue reading
Midday Missive
It shouldn’t be a surprise that health care related names are keeping the Indices buoyant. 126.30 might be all we see for a rally in Euro. We’ll leave our order working until the end of the day, when we’ll decide … Continue reading
Euro…Trade Alert!
Sell 4 EURO (EU6Z) @ 126.75
A.M. Look 10/30/14
Stocks… Spu’s…price action under 1960 support is needed to unnerve the Bulls. Nasd 100…4074 should be used for early market tone. 4103 is resistance. Closes over 4120 are needed to start a whole new Bull leg higher into year end. … Continue reading
The Late Show
SPU’s …need back over 1974-6 for price recovery today. 30 Yr. Bonds… went into support. So far both the Nasd 100 & S&P 500 did not get low enough for longer term pattern damage. The last 30 minutes of trading … Continue reading
Euro…Position Update!
We were just stopped out of our short EURO position @ 127.43 for a 16 tick loss.We currently have no currency positions. I took a 15 tick risk off a level (127.31) which I thought could potentially see a 2-300 … Continue reading
A.M. Look 10/28/14
Stocks… Spu’s & Nasd are both higher on the month. if they maintain higher after tomorrow’s Fed Minutes release, look for this to continue into Friday’s close. Bonds … 30 Yr. Futures…need back under 141.12 close to head lower. Price … Continue reading
A.M. Lok 10/27/14
Stocks… MVV…66.25 is 200 DMA resistance. This will take under 64 to see any real selling. 61.25 is the low risk buy zone, where new longs will puke. DAX…89.00 is mvg avg support. This will be a pivotal level. DAX … Continue reading
A.M. Look 10/24/14
Stocks… Spu’s…got to resistance @ 1956 with a good reaction off the level. Point & Figure chart shows Bears need to see sustained price action under 1928-30 for lower. Nasd 100…shows small support @ 3962 with sell stops @ 1339.50. … Continue reading
Currrencies
AUD/JPY…94.85 is today’s momentum level just above the 200 DMA @ 94.63. All new price action is needed above this level for follow through in the cross. This seems to be matching up with 1941 in the Spu’s. EURO…weekly breakdown … Continue reading