Tag Archives: GBP/USD
A.M. Look 6/24/15
Stocks… Spu’s…(U) 2126 will act as resistance and the upside pivot. Dax…11,250 is the low risk buy level. This is the spot to buy the Dax with a tight stop. 11,560 is the 50 DMA. SHCOMP…will need sustained price action … Continue reading
A.M. Look 6/23/15
Stocks… Spu’s…(U) 2126 will act as resistance and the upside pivot. Dax…11,250 is the low risk buy level. This is the spot to buy the Dax with a tight stop. 11,560 is the 50 DMA. This will be pivotal all … Continue reading
A.M. Look 6/17/15
Stocks… Bonds … 30 Yr. Bond…(M) June needs to press and sustain above 153.05 resistance for higher. App. 151.24 in Sept. depending upon which chart you follow. Bund…152.21 is mvg avg. resistance. Only closing over this level will lead to … Continue reading
Midday Missive
We’re at initial resistance in the Equity Indices. If there is continued strength today look for the Spu’s to trade in 10 point increments. 30 Yr. Bonds are very oversold and into levels that can bite the Bears in the … Continue reading
A.M. Look 6/8/15
Stocks… Nasd 100… 4430-40 level should provide for a bounce. This is Fib swing support as well as the 50 DMA. DB…32.25 is the 200 DMA. This needs a weekly close over 33.25 to gain upside momentum. Bonds … 30 … Continue reading
A.M. Look 5/29/15
Stocks… Spu’s…2110-12 has to hold to avoid profit taking. DAX…11,860 is resistance and the upside pivot. 11,500 is support, below there is room for a deeper correction. SHCOMP…broke to test it’s 21 DMA before recovery last night @ 4466. This … Continue reading
A.M. Look 5/28/15
Stocks… DAX…11,860 is resistance and the upside pivot. SHCOMP…put in an ORL last night down 6.5%. This is a big topping pattern right into 4617 first support. Bonds … 10 Yr. Bonds…127.10 is the 200 DMA. This is support and … Continue reading
A.M. Look 5/13/15
Stocks… Spu’s…a couple of closes over 2120, where the resting pattern buy stops are, is needed to re kindle a feeding frenzy in equities. VIX…I’ll look to give this another go in the mid to low 12’s via a long … Continue reading
A.M. Look 5/12/15
Stocks… UVXY…I’m going to Cancel my resting order to Sell @ 10.38. I want to give this some room to work. Price action over 10.50 can see this gain upside momentum. I’ll monitor the price action this A.M. and place … Continue reading
UVXY…Trade Alert!… W/Midday Missive
Bonds continue to weigh on the Dollar ( Except against the Pound) and the Equities. Treasuries are retesting the pre ECB Thursday A.M. Intervention. Don’t press direction. Bonds are running the spreads against the equity Indices. Levels that are important!!! … Continue reading