GBP/USD…is attempting an ORL day with a close below 165.18. it is presently into near term support. USD/CHF…is into support @ 90.25 (app 110.85 Futures) EUR/JPY…is attempting an ORL day with a close below 144.50. GBP/JPY…is attempting an ORL day … Continue reading
FX… GBP/JPY…closing over 168.10 today will have investors pushing this cross higher into year end. General Comments or Valuable Insight I bought a few options yesterday in case the Bonds have another Fed moment and break a couple of points. … Continue reading
Stocks.. Spu’s…Sustained Price action above 1778 will be price positive the index. I’m still using December #’s which is basically cash. The March (H) is trading 6.25 points under the December SSO…94.84 is the level matching 1778 December S&P 500 … Continue reading
Stocks.. Spu’s…I have an interest @ buying 1726-30’s. We hit support last night at the 50 day ” 1760″ and bounced hard toward 1785 resistance. Sustained Price action above 1778 will be price positive the index. I’m still using December … Continue reading
Stocks.. Spu’s…I have an interest @ buying 1726-30’s. The big game is in 2 weeks as 2014 will begin to set up.I’ll pass on the early action, however if the Spu’s hold 1785 after the NYSE opening, you can buy … Continue reading
Stocks.. AAPL…582-584 should prove sticky the first time up. All the macro buy stops are just over 600. We will be selling 50% of our remaining position at this level!!! Bonds Bunds…held daily,weekly & monthly support yesterday on the … Continue reading
Stocks.. Looks like most of the world has deemed Congress irrelevant, however the emerging markets look open for business. RSX (Russia), VNM (Vietnam),PIN (India) all have great chart weekly patterns. OIH & XLE are the two etf’s to keep on … Continue reading
Stocks.. Bonds FX… AUD/USD….94.59 is the ORH weekly # GBP/JPY…shows a monthly double top working on an ORL week to the downside. USD/JPY…96.63 is the 200 day today (app 103.48 Futures) Commodities… Oil…104.70 resistance. Look for price rejection the … Continue reading
Stocks.. Spu’s…1692 is first resistance. Bonds 30 yr….131.28-05 is the bigger support leveland the downside pivot. FX… AUD/JPY…92.60 is resistance EUR/JPY…132.10 has to hold on a closing basis to remain firm. GBP/JPY & CAD/JPY are both sitting on support. EUR/AUD…is … Continue reading
Stocks.. Spu’s…1629-30 is short swing Fib support. Closing under this level will lead to a new dynamic, which we’ll address if we see price action under this level. Sustaining and closing over 1644 would confirm a temporary low, something we’ve … Continue reading