Stocks… Equity Indices…the volatility chart gave a sell signal yesterday.Investors should be in no hurry to purchase equities until such time as I get a bottoming indication and a confirmed buy signal again. FB…has to hold 92.20 on a closing … Continue reading
Stocks… Bonds … Bund…153.50 is support. 153.34 is today’s ORL #. FX… Euro…109.90-110.00 is resistance. EUR/JPY…could get pushed toward 137.00 going into the end of trading today. The feature is month end markings …Long Euro/Short commodity currencies Commodities… … Continue reading
Stocks… Nasd 100…4591 is resistance. 4500 is support. The QQQ & Nasd U.S. only session put in ORH days and both are seeing pattern follow through this A.M. Spu’s…2095 is the 50 DMA. Above, this would also match up with … Continue reading
AMZN…522 is today’s hold and break down #. GOOGL…650 is today’s hold and break down #. FB…91.30 is the low risk buy level. Closing below this area will lead to a potentially big drop.
Stocks… Spu’s…2060 is the 200 DMA. Looks like we’re in for another test of this level. Nasd 100..4509 is fib support with 4500 being today’s 50 DMA. This is a cover zone the first time down. You’d expect a bounce … Continue reading
Stocks… Spu’s… 2095 + a few is cloud & mvg avg support. A close under this level is needed for more downside. Nasd 100…4550-60 is the low risk buy zone. SHCOMP…is holding putting in a sideways to higher pattern. Bonds … Continue reading
30 Yr.Bonds & TLT are attempting an ORH days. I still have a few 98 FB calls which expire Friday as well as a few MSFT 48 calls. I am Long TLT against my long calls. Midcap looks horrific working … Continue reading
Stocks… Spu’s… 2120-25 is closing resistance. Nasd 100…the measured full swing count for this move off the low comes in @ 4720. DAX…11,630 is cloud support. With the European bond rally this A.M. this is a low risk level to … Continue reading
We’re starting to see some profit taking in the Spu’s & Midcap. GOOGL…694 was the first fib extension PCLN..1224-27 is closing resistance. FB…just shy of 95 is as good a place as any to take a breather. VIX… is retesting … Continue reading
Nasd 100…just had a 100 point move in the past 4 hours, which is a big std deviation move. 4265-75 is the low risk buy level. It’s a trade the news market. It will be a time frame trade the … Continue reading