Tag Archives: Euro
A.M. Look 9/26/14
Stocks… IWM…ran the monthly ORL stops below 109.86. Sustained price action and a close below this level opens the door to 107.44 ( the qtrly ORL #). Spu’s…1958.50 fills my downside objective for this move. 1973-4 is mvg avg resistance. … Continue reading
Midday Missive w/ Follow Up orders
CAD/JPY….96.23 is where the resting buy stops are. This is the monthly ORH #. Canada has hit major resistance @ 92.43 Futures App 108 USD/CAD Both got close to these levels when Britain’s P.M. ( David Cameron) was discussing the … Continue reading
A.M. Look 8/29/14
Stocks… SMH…put in an ORH day. Look for some upside follow through. A close today over 51.17 will put in an ORH Month WDAY…looks like it’s going to try to put in an ORL week, however 85.20-84.77 is major support … Continue reading
A.M. Look 8/28/14
Stocks… Spu’s and Nasd 100 are overbought. The patterns are sideways to lower for a bit to relieve the RSI’s. Be patient today into tomorrow to see if investors want to cash out after this big run up into the … Continue reading
A.M. Look 8/27/14
Stocks… Targets remain the same. DAX…94.77-95.15 is weekly resistance and the closing upside pivot. Now that we’ve broken above this zone I’m looking to buy a 100 point pull back HEDJ…56.60 is the buy zone for this ETF. Buy breaks … Continue reading
A.M. Look 8/25/14
Stocks… Targets remain the same. DAX…94.77-95.15 is weekly resistance and the closing upside pivot. Bonds … 30 yr. Bonds…140.29 is the top of value and short term resistance on the point & figure charts. Once above, look for 142.00 FX… … Continue reading
A.M. Look 8/20/14
Stocks… VIX…12.66 is the 50 DMA resistance and the short term upside pivot. 13.62 is the 200 DMA. Nasd 100…4080 is the first exit level for this swing. 4160 matching the 2000 semi annual high is the second tgt. … Continue reading
A.M. Look 8/18/14
Stocks… Midcap 400…140420 is the 50 DMA. I’m focused on this level to run the Indices today. MVV…69.16 is the corresponding level in the ETF DAX…9115 is support. 9390 is resistance and the upside closing pivot. Bonds 30 Yr. … Continue reading
A.M. Look 8/15/14
Stocks… DAX…9390 is today’s resistance. Spu…1952 is support. Bonds 30 Yr. Bonds…140.14-17 is Monthly Fib resistance and the closing upside pivot. FX… Euro…Price action and a close under 133.30 is needed to see another 100 point sell off…Price action above … Continue reading
A.M. Look 8/14/14
Stocks… Spu… 1952 is 50 DMA resistance. It will take a close over this level to start turning this Index positive EWP…40.00 is 200 DMA resistance. Closing over 40.50 targets 42. VIX… 12.60 is 50 DMA support. This level … Continue reading