Tag Archives: Euro
Pattern Reminder
SPU’s,SSO,Nasd 100,QQQ,QLD,PCLN, ASX 200 Futures,MVV,Midcap 400,XLK,XLV, Are all putting in ORH months. This is a bullish formation. Any one looking to short this formation before Early Monday morning is daft! PG,CB & some of the more mundane names look to … Continue reading
Euro & Swiss Franc
USD/CHF…88.00 Suisse becomes a significant momentum level on the weekly-semi annual charts. It is a big momentum area. If you take the time to look at an hourly chart, both the Euro & Swiss move started with the opening of … Continue reading
A.M. Look 2/28/14
Stocks… Don’t get caught selling weakness into Month end. Bonds.. 30 yr. Bonds…135.25-136.08 is the big over hanging weekly resistance. Sustained price action above 135.15 next week is needed to change the look of the long term charts. Next Friday … Continue reading
A.M. Look 2/25/14
Stocks… Spu/Bonds & Spu’s…did not put in an ORH pattern. Spu’s… need over 1847 for higher, or 1836-37 for a push lower. Nasd 100…(ENQH4) all session put in an ORH pattern yesterday, however the NYSE ( Chicago Pit session) did … Continue reading
A.M. Look 2/24/14
Stocks… Nasd 100…3633 is closing support. NASDAQ leads, this is where all the social enabling and healthcare biotech names are. VIX…is holding support @ 14.25. Sustained price action above 16.80 is needed for a rally. XLI…needs to hold 51.30 for … Continue reading
A.M. Look 2/21/14
Stocks… Nasd 100…3633 is closing support. NASDAQ leads, this is where all the social enabling and healthcare biotech names are. Spu’s… are once again higher on the week and flirting with unchanged on the year. The later in the day … Continue reading
A.M. Look 2/20/14
Stocks… Nasd 100…3633 is closing support. Spu’s…price recovery and a close over 1832 will lead to a test of the high. A failure @ 1832 (resistance) and a close below 1800 will lead to a test of 1730 again. SSO…shows … Continue reading
A.M. Look 2/14/14
Stocks… Nasd 100…3633 is closing support. JPM & COF put in ORH days. The financials are starting to catch a bid. XLF… came close to an ORH day and the chart pattern looks positive. Bonds.. 30 yr. Bonds… are currently … Continue reading
EURO
Euro is putting in an ORH day. This is a pattern I’m not interested in chasing into resistance areas. EUR/AUD…after double bottoming this A.M. @ 150.31 level, this cross would need a confirming close above 152.30. EUR/JPY…shows more scope to … Continue reading