Tag Archives: GBP/JPY
A.M. Look 2/24/15
Stocks… Spu’s…2095 will act as support. This level will be pivotal all week. Strong above/Weak below. Euro Stoxx 50…price action under 3498 will run out weak longs. DAX…10,900 is the hold level. Nikkei…18,425 is today’s ORL # Bonds … … Continue reading
A.M. Look 2/23/15
Stocks… Spu’s…2095 will act as support. This level will be pivotal all week. Strong above/Weak below. AAL…gains upside momentum over 51.10. UA…put in ORH day on Friday. Upside follow through should test close to 80. AGIO…price action under 103.50 can … Continue reading
A.M. look 2/12/15
Stocks… FDX…breaks out to the upside over 175. VIX…14.85-59 is major support. I’m buying the 16 Calls Expiring 2/18/15 if we print into this level. Size matters with this strategy. The goal is to hedge up half your long portfolio. … Continue reading
A.M. Look 2/5/15
Stocks… SPU’s…2049.25 is today’s ORH # MIDCAP…147230 is today’s ORH # Bonds … FX… EURO…114.85 is resistance. 113.00 is support. GBP/JPY…177.50 is support and the closing downside pivot. Look for this to trade in the direction of U.S. Equity Indices. … Continue reading
A.M. look 1/28/15
Stocks… UTX…had an impressive rally off yesterday’s low. Look for this to remain firm into month end. EXAS…as long as this is above 26.44 it has much higher targets, into the mid 30’s. REGN…408 is support and the downside momentum … Continue reading
A.M. Look 1/27/15
Stocks… SPU’s… 2043 (50 DMA). This will be pivotal all day. AAPL…reports earnings today. 110 is 50 DMA support. FTSE…6650 is 200 DMA support. Bonds … BUND…157.75-50 is support. FX… EURO…price action over 112.75 will lead to more profit … Continue reading
A.M. Look 1/6/15
Stocks… SPU’s…2012 was the lower end of our support zone. Sustaining above 2025-8 will keep the Equity Indices bid into mid week. Closing below 2010 would have me looking for another 40 points down in this Index. DAX…9550 will … Continue reading
A.M. Look 12/31/14
Stocks… Spu’s…an early break into the mid to low 2060’s should be bought with a tight stop. Nasd 100…an early break into the low 4260’s should be bought with a tight stop. IWM… A close today over 120.97 puts … Continue reading
A.M. Look 12/5/14
Stocks… Spu’s…2060.75 is the must hold level. 2060.75 is the level to key off of. This is the weekly ORL#. This will act as support and the closing downside pivot with resting sell stops below. Price action below here will … Continue reading