Tag Archives: Euro
A.M. Look 4/3/14
Stocks… Spu’s…could trade into the mid to high 1890’s Nasd 100…3694-3700 is resistance and the closing upside pivot. 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 … Continue reading
A.M. Look 4/1/14
Stocks… Nasd 100…3593 is unchanged on the year. GOOG…1120.70 is the 2013 close. Matched up with yesterday’s close 1114.50,will become the macro pivot. DVN…has had an inside qtr (not going anywhere). Sustained price action above 66.92 could change that. GS…needs … Continue reading
A.M. Look 3/28/14
Stocks… VIX…needs above 15.15 to rally to 15.84. The weekly buy stops are at 16.40 with 16.64 being weekly closing resistance. Nasd 100…3545-50 is today’s support and the next inflection level. The weekly breakdown level is 3576. Closing below here … Continue reading
A.M. Look 3/27/14
Stocks… VIX…needs above 15.15 to rally to 15.84. The weekly buy stops are at 16.40 with 16.64 being weekly closing resistance. Nasd 100…3545-50 is today’s support and the next inflection level. The weekly breakdown level is 3576. Closing below here … Continue reading
A.M. Look 3/20/14
Stocks… Spu’s…(H) show a possible head & shoulders top on the daily chart. A close lower on the year ( below 1841) is needed to confirm the pattern. Nasd (H)…3661 is support and the downside pivot. Once below 3610 ( … Continue reading
A.M. Look 3/14/14
Stocks… Nasd 100…(H) 3635 is a potential weekly double bottom with stops below. This is a go or no go area. DB…is working on an ORL qtr with a month end close below 45. DAX…(H) caution back over 9010. Bonds … Continue reading
Late Day
PCLN…is finally giving up the ghost with the Euro. The downside is 1283 followed by 1241. EURO…138.43 is today’s ORL# and support. Once below, look for this to move in 75 tick increments to the downside. Nasd 100…(H)…. Resting sell … Continue reading
Midday Missive
Spu/Bonds rejected a retest of the ORL pattern. I went to great pains this A.M. to link this pattern to GOOG. USH…march Bond Futures break out to the upside over 133.29. TLT…would need a close over 107.40. EURO…Bears can sell … Continue reading
A.M. Look 3/11/14
Stocks… GOOG…1220 is the closing upside pivot. A breakout to the upside is needed to confirm another leg up in the Indices into month end. Spu’s..1859 is the lowest risk buy level. Nasd 100.. sustained price action under Friday’s low … Continue reading
Midday Missive
30 yr. bonds…133.11 is today’s 200 day daily continuation mvg avg support zone. USD/JPY…102.70 is the weekly ORL # (app 97.37 Futures), today’s opening range. Euro…138.24 is a potential double top. All new price action over this area is needed … Continue reading