Tag Archives: Euro
A.M. Look 6/10/14
Stocks… Spu’s…1931 is daily mvg avg support. Bonds Bunds…a close under 144.90 is 50 DMA support. This is a low risk buy zone with a very tight stop. FX… EUR/JPY…is poked below 138.70 (200 DMA). EURO….Yesterday I placed an order … Continue reading
Midday Missive…W/EURO TRADE ALERT!
The Russell and the Midcap are gaining on the Nasd & Spu. I would expect that to be the case today particularly with the ORH week in the IWM. Brent…resting buy stops are over 109.87. Any $1 to $1-1/2 breaks … Continue reading
A.M. Look 6/9/14
Stocks… IBM…185 is the 200 DMA support. Bonds Bunds…146.30-40 is resistance. FX… EUR/JPY…price action over 140.25-30 in this cross will keep a firm undertone to the Euro. GBP/USD…167.90 is neutral for the Pound. Good above/Negative below. Commodities… Corn…needs to close … Continue reading
Euro Follow Up With Stop
I got that trade alert out a little late, nevertheless I’m going to keep it very tight with a 136.85 stop GTC. I know that some of you sold closer to the highs after the Midday Missive was released. It’s … Continue reading
A.M. Look 6/6/14
Stocks… Nasd 100…has broken out again on the monthly & qtrly charts. As long as the Nasd 100 holds 3740 it remains a buy. There is a last remaining resistance zone @ 3790-3817. Once above expect a test of 3885. … Continue reading
Equity Indices & Further Comments
Nasd 100…resting sell stops are @ 3714, today’s ORL # 90.81 QQQ Spu’s…resting sell stops are @ 1916, today’s ORL # 192.26 SPY DAX…resting sell stops are @ 98680, today’s ORL # 31.87 EWG VIX…by holding today’s low this could … Continue reading
Equity Indices & Further Comments
All working orders should be canceled. EUR/JPY…stopping @ it’s 200 DMA “138.57” is staying further Euro weakness for now. Gold…elected the short term buy stops that have been building over 1250. Until I see price action and a close over … Continue reading
A.M. Look 6/5/14
Stocks… Spu/Bonds…rallied all the way back to test the April 4 breakdown level almost to the tick, making today’s ECB and tomorrow’s employment data all the more interesting. This is the level that the Spu’s corrected 80 points and the … Continue reading
Euro & EUR/JPY
Euro…is putting in a relief rally from a very oversold condition in front of Thursday’s ECB meeting. It’s presently trading @ 200 DMA resistance, which will also act as a near term upside pivot. EUR/JPY…has had a nice 2 figure … Continue reading
Midday Missive
EURO….a close below 136.15 puts in an ORL day tgting the 135.50 level. The daily time frame is oversold, meaning selling in the hole has to be done with a very tight leash! Natgas…June Natty expires tomorrow. July is front … Continue reading