Tag Archives: GBP/USD
Currencies…OR Pattern Alert…Risk On
CAD/JPY AUD/CHF GBP/USD Canadian Dollar Copper Mexican peso is working on the same pattern. Brazilian Real is putting in a bottoming pattern as well. Gold…this wants to trade the 200DMA @ 1135 for a start. It’s doubtful if it can … Continue reading
A.M. Look 1/22/16
Stocks… Spu’s …1992 is first resistance. 1909-13 is the exit zone for new longs. Breaks today into unchanged on the week 1877 Spu’s & 4130-40 Nasd 100 should initially be met by buyers in the U.S. session. Bonds… 30 Yr…..158.09 … Continue reading
A.M. Look 1/19/16
Stocks…Spu’s …1910-13.25, 1928 and 1946.50 resistance with resting buy stops. These levels should be fairly static all week. Nasd 100…held qtrly support for now. Sustained Price action above 4141 will keep the Index firm for a retest of as high … Continue reading
A.M. Look 1/15/16
Stocks…Spu’s …1861 is the next set of sell stops. 1913.25 will become important late day, since we’re now trading lower on the week again. Nasd 100…4264 was last week’s close. Market sentiment shifts around these levels. UVXY…47 is a resistance … Continue reading
A.M. Look 1/14/16
Stocks… Use yesterday’s ORL #’s for initial resistance. Only sustained price recovery over these levels will lead to a meaningful short covering rally. Nasd 100…4236.50QQQ…104.08Spu’s …1899 Bonds… 30 Yr. ..You’re going to get reactions off the Fib extensions as you … Continue reading
A.M. Look 1/13/16
Stocks… Spu’s…the target for this rally is 1973. This is the exit zone. Spu’s are having an oversold bounce. Nasd 100..4400 +- a couple is resistance NOV… has one of the cleaner patterns in the Oil patch with room for … Continue reading
A.M. Look 11/11/15
Stocks… Spu’s…the P&F breakdown level is 2064. UNH…114 is near support. Resistance and the upside momentum level is 118.00. FB…yesterday’s low was important for FB could not fill it’s earnings gap @ 104. This shows strength with definable risk parameters … Continue reading
A.M. Look 11/6/15
Stocks… GOOGL…would take under yesterday’s low of 757.47 to see profit taking. AMZN…643.05 is the corresponding #. SHCOMP…had another strong night ending the week on it’s high. The Comp is moving toward a retest of it’s 200 DMA 3761. Bonds … Continue reading
A.M. Look 10/7/15
Stocks… Spu’s…1990 is the 50 DMA. The talking heads will all be focused on it today. Low 1970’s will be initial support. A close lower on the day today would be needed to turn the herd. Bonds … 30 … Continue reading
A.M. Look 9/8/15
Stocks… AAPL…needs a close over 112.50 resistance for upside momentum IBB…needs a close over 352 to break out of it’s recent range. Spu’s…resistance is 1969 with small stops over 1973.50 leading to a possible bull trap @ 1979 the first … Continue reading