AMZN…below here I’m looking for 490. Support on the semi-annual maps start start! @ 434. GOOGL…closing below 778 will have seen a blow off earnings high. FB…a close below 112 today puts in a trad able high. Gold…didn’t break anywhere … Continue reading
The weekly retest low @ 1913.50 in the Spu’s looks good as long as it now remains above 1918. XLU & dividend yielding water ETF’s (WTR & AWK) have been leading all year FB… put in an ORH month and … Continue reading
Stocks… Spu’s…Battle lines have been drawn. 1851 …1913.50 on top is initial resistance. Today’s sell stops are @ 1865. AMZN…is trading in pre market @ 602, yesterday’s opening range. With earnings after the close, I would imagine that investors will … Continue reading
All giving the same signal. Up… The perfect capitulation low will have to wait for now. Stick with the quality names
There is no bounce in the indexes. FB,NFLX,BUD,XLU are trading under their 200 DMA’s A couple of levels to match up with a panic today which could line up with the weekly mvg 200 avg in the Spu’s close to … Continue reading
Stocks…Spu’s …1861 is the next set of sell stops. 1913.25 will become important late day, since we’re now trading lower on the week again. Nasd 100…4264 was last week’s close. Market sentiment shifts around these levels. UVXY…47 is a resistance … Continue reading
FB…98 was resistance. This was a big miss by me today as the low of the day was the 200DMA. It needed to prove itself above 98 for higher which it is doing as i write. AAPL…needs above 101 COP…this … Continue reading
FB…98 was resistance. This was a big miss by me today as the low of the day was the 200DMA. It needed to prove itself above 98 for higher which it is doing as i write. AAPL…needs above 101 COP…this … Continue reading
Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading
Stocks… Spy…breaks out on a weekly above 209.25 close. BUD…127.50-90 is resistance. Closes over this area is needed for more strength into year end. FB…106.91 is this week’s ORH # NFLX…sustaining above 122.50 leaves way for 124.35, the next momentum … Continue reading