Tag Archives: EWZ
A.M. Look 1/17/13
GS…by remaining over 139.20 this can seek 149 AAPL..511-515 is resistance with sustained action over 519 needed for higher. 498 is current support. AGQ…double long Silver has closed two days now over the 200 day. As long as this closes … Continue reading
A.M. Look 1/16/13
USD/JPY…is winding up for another move. If the chart pattern in AUD/JPY is true, ( ORL day) yesterday with follow through last night, this could be the start of a rebound in Yen Futures. The dollar point & figure is … Continue reading
A.M. Look 1/15/13
Yen Futures…113.45 (app 88.14 USD/JPY) is the first minor resistance. EUR/JPY…stops are below 117.59. 116.85 should be a level for a bounce the first time down. AUD/JPY…put in a new high by 2 ticks last night and is now in … Continue reading
EWZ….Brazil Trade Alert!
I like yesterday’s low in EWZ @ 55.90 for risk management. Buy EWZ @ your discretion. We’ll be using a 56.05 stop close for now.
EWZ…Brazil
Brazil…is playing catch up. This put in an ORH day yesterday. there are resting stops over 55.52. Although this is short term overbought, the long term maps look good for a move toward 60. Strategy…It would be nice to put … Continue reading
A.M. Look 12/18/12
30 yr.Bonds…expire today. 146.05 was the Oct. low and close to our last short exit. closing under that level will keep the Bonds under pressure until year end. We’ll monitor the price action for a possible short in the 30 … Continue reading
EWZ_-_iShares_Brazil_Daily.gif
All the taking heads on Bloomberg we‘re enamored with Brazil this A.M. Closing below 53.73 will get the lemmings running in the other direction.
A.M. Look 9/25/12
Gold…there are resting sell stops starting below 1757 with more under 1750. There are resting buy stops above 1800. Silver…35.25 is the upside closing break out. There should be small sell stops below yesterday’s low. GDX…the miners don’t act particularly … Continue reading
A.M. look 9/24/12
Euro…128.28 is the 200 day mvg avg. AUD/USD…103.78 followed by 103.40 is the near term support 30 yr. Bonds…148.16 resistance Oil… 91.44 close is the downside pivot General Comments… We’ve seen a small sell off in risk assets, coupled with … Continue reading