Tag Archives: GBP/USD
A.M. Look 3/17/16
Stocks… Spu’s…Traded unchanged on the year last night before profit taking ensued. June shows that a close below 1997 is needed for momentum breakdown. Bonds.. Bunds…162.20 area is the level that needs to be closed over to work higher. … Continue reading
A.M. Look 3/16/16
Stocks… Spu’s…that green line is the 200DMA. A close over this level tomorrow or Thursday is needed to attract new buying. Nasd 100…yesterday I thought there was a chance for this to lead with early price action over 4360 looking … Continue reading
A.M. Look 3/15/16
Stocks… Spu’s…2030-35 is the resistance and target level for March. June 2020-25 with the cash (SPC5) 200DMA @ 2019. Nasd 100…4400 +- a couple is where the 200DMA comes in. This should reject the first time up. Bonds.. … Continue reading
A.M. Look 3/14/16
Stocks… June Equity Futures will become the dominant month today. Spu’s…June is trading at a 10.00 point discount to March. Nasd 100..June is trading at a 9 point discount to march Bonds.. FX… June Forwards…These are the current spreads … Continue reading
A.M. Look 3/7/16
Stocks… Spu’s…we’re into back and fill mode. Closing under 1987 puts the index back on the defensive. Nasd 100…needs a close over 4360 for upside. WDAY…is emblematic of many hot names. They’ve had huge runs to their respective 200 … Continue reading
Midday Missive
The board should stay Risk Off through London’s close. 30 yr. Bonds…are now at levels which is an exit zone for longs, however closing over this area will be very negative equities Long Gold/Short Euro…is moving to new yearly highs. … Continue reading
A.M. Look 2/24/16
Stocks… Spu’s….near term sell stops are below 1898.50. There was one short covering rally into London’s close. DAX…looks set to retest 9067. Bonds.. 30 yr….168.11 is the high close for this swing. FX… AUD/USD…71.62 is near support and … Continue reading
A.M. Look 2/22/16
Stocks… Spu’s….1942.50 is the 50 DMA resistance. Near term support will be at Thursday night’s high of 1922. Midcap…61.59 is the 50 DMA. Both the Midcap & Russell have similar patterns. Bonds.. 30 yr….166.20 will be pivotal over the next … Continue reading
A.M. Look 2/3/16
Stocks… Spu’s…1909.50-1913.50 remains a pivotal level. Bonds.. 30 yr….The low risk daily buy level is 161.02. FX… GBP/USD…145.40 is the plaza accord Fib that has been pivotal for years, above look for 146.50-60. Yen Futures…84.20 is fib resistance. CAD/JPY…held daily … Continue reading