Tag Archives: GBP/JPY
A.M. Look 11/19/14
Stocks… DAX… The weekly ORH # is 9400, the level that needs to hold on a break. 9510 is today’s 200 DMA. All new closing strength over this resistance level is needed for a test of 9820. MVV…71.31 is support … Continue reading
GBP/JPY
GBP/JPY…today’s ORL # is 181.70 with stops below. This pattern would have to unfold, and follow thru, for a Risk Off board. A follow through of this pattern is needed to rally the Yen to our low risk sell zone … Continue reading
A.M. Look 11/12/14
Stocks… Welcome to the mid-week shuffle. There is no change to the technical levels in the major indices. Many individual instruments are trading overbought. Nasd 100…4138 is the first support. Spu’s…2013-14 is descent support today. You still need a close … Continue reading
Midday Missive
GBP/JPY…resting sell stops are @ 181.50. Electing those stops could lead to 179.00 There is plenty to roil the market this A.M. in Europe including more fighting in the Ukraine. EFA…price action under 62.60 will elicit more selling of Europe … Continue reading
A.M. Look 10/17/14
Stocks… NASD 100…there is room up to 3850 to rally as long as it holds a retest back to the 200 DMA @ 3770 Spu’s…resistance 1891, 1904,1917. These were the support levels coming down which are now resistance. Last … Continue reading
A.M. Look 9/19/14
Stocks… DAX…10,000 is the key resistance and upside break out level. A couple of closes over this level is needed for another big leg up. Dax is putting in an ORH weekly formation. Holding 9800 on the next break keeps … Continue reading
A.M. Look 9/11/14
Stocks… IAT…a Friday close over 34.01 is an ORH week and should be taken as an upside break out in the regional banks. WFC…needs to sustain above 51.60 to start another bull move. FEYE…needs closes over 36 to extend this … Continue reading
A.M. Look 7/15/14
Stocks… IWM…113.22 is support and the low risk buy zone this week. Closes over 117.50 is needed to signal a new push higher. Bonds 30 yr. Bonds…136.17 is first support @ the 50 DMA TLT…112.95 is near term support. FX… … Continue reading
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
A.M. Look 4/29/14
Stocks… Spu’s… price action over 1870 and closing over 1874 will run out the short sellers. Bonds 30 yr. Bonds… have a double top on the point & Figure charts from Friday. 133.24 is first support. A close below 133.15 … Continue reading