Stocks… TWTR…I have 2 downside targets, 31 and 15. 31 +- a touch needs to hold today going into early tomorrow for a short term hold. A 10% bounce is as much as I’d initially look for off the 31 … Continue reading
EWA,EWW,EPI are attempting upside break outs. FDX,BRKA, DOW & MLM are three names that look particularly good. BLK…looks to have put in a trad able low yesterday @ 295. BHP…today’s low is the risk for any new longs. A close … Continue reading
Stocks… Spu’s…1894 is resistance. QQQ…the upside breakout is a close over 88.30. Yesterday’s low is your risk to be long (86.50 Close). PCLN…maintaining and closing over 1196 should see this rally to 1248. UNH…United health care is another beaten up … Continue reading
Stocks… Spu’s…1894 is resistance. Nasd 100…gains upside momentum over 3593 close. DAX…put in a ORL day Friday and is following through to the downside. 9426 is mvg avg support. This is just one more tired Index that keeps failing at … Continue reading
Stocks… Spu’s…1894 is resistance. Nasd 100…gains upside momentum over 3593 close. Midcap 400.. the 50 DMA capped it’s rally yesterday, this index will gain upside momentum closing over yesterday’s high. MVV…65 is the 50 DMA. The upside closing momentum # … Continue reading
Stocks… Spu’s…1894 is resistance. Nasd 100…gains upside momentum over 3593 close. KRU…82.00-30 is first resistance and the upside pivot. FB…60.50 is near resistance. SMH…just missed putting in an ORH day. As long as this stays above 44.30 I’d give this … Continue reading
Euro…the resting buy stops are over 138.80, today’s ORH# Gilts…a close today over 110.30 puts in an ORH day. Today’s low is it’s 200 DMA. KBE…a close over 32 will provide short term bottom to trade against. IBB…has held for … Continue reading
Stocks… Spu’s… closing over 1874 will run out the short sellers. 1864 was the qtrly close. Since it’s month end this will become a big pivot late in the day. Good above/Negative below. Late price action below 1860 (last weeks … Continue reading
Stocks… TSLA…203 is current pattern support with resting sell stops below. 191 is weekly support. The lowest risk buy zone is 167. XLY…62.50 is the 200 day mvg avg. XLI…the longer time frame charts show this is vulnerable for a … Continue reading
Stocks… VIX…14.40-50 is first resistance and the 200 day mvg avg. 15.50 is an exit zone for the bulk of any long volatility positions. 13.35 is today’s support # that has to hold and line up with any rally in … Continue reading