Tag Archives: EWW
A.M. Look 5/2/14
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
Midday Missive
The rallies are failing in the U.S. Indices, while the breaks have been holding everywhere else. Bounces have come off the identified oversold areas in the Momentum names. Support & resistance in the U.S. Equity Indices have remained almost 100% … Continue reading
Midday Missive
Most world Bond markets are on a tear led by the Italian 10 yr. ( lower rates) The Gilts look like a positive bargain compared to some of the other interest rate futures. 30 Yr….132.12 will be pivotal the rest … Continue reading
Midday Missive
GD…a close over 109.60 will lead to higher prices. CHK…remains firm over 25.75 close F…should reject 16.33 EWW…64.66 is resistance and the upside closing pivot. FFIV…110 is closing resistance. BIIB…by holding 305, this has room to run to 324-6 Nasd … Continue reading
A.M. Look 3/31/14
General Comments orValuable Insight There is nothing new to report or do. The Spu’s are up 10 points on the year with the Nasd down 17 points. The Yen is following today’s weakness in the bonds with the Yen crosses … Continue reading
Mexico
I’ve sent two charts which should be viewed for overall risk bias. The Peso has just reached it’s 200 day mvg avg (natural resistance) as the EWW is attempting an ORH daily pattern. If you believe a currency leads it’s … Continue reading
Midday Missive
NFLX,GS,TSLA, EPH4, Spu/Bonds are all attempting ORH days. Today was a classic opening range trade in the Equities. Instruments opened on their lows broke out to the upside and kept going. Friday is month end. The swing count in the … Continue reading
A.M. Look 2/5/14 …With GILD Trade Alert!
Stocks… GOOG…1120-22 is pivotal for GOOG and the entire board. Sustained and closing price action under 1120 will lead to another bout of Risk Off. That could easily lead to another 100 points down in Nasd. Nasd 100…needs a couple … Continue reading
Midday Missive
Markets are following the same script on a daily basis with selling of Equities into London’s close. DAX…9386 is weekly support. Nikkei & Midcap…are working on ORL weeks. 15,390 is the Nikkei # 132370 is the Midcap # GOOG…had a … Continue reading