Tag Archives: GBP/USD
A.M. Look 1/6/15
Stocks… SPU’s…2012 was the lower end of our support zone. Sustaining above 2025-8 will keep the Equity Indices bid into mid week. Closing below 2010 would have me looking for another 40 points down in this Index. DAX…9550 will … Continue reading
A.M. Look 1/5/15
Stocks… SHCOMP…is the best preforming equity market. Look for a retest of 34800-35600. It’s very overbought. Line…needs to hold above 12 to test the high 14’s again. Follow the Natgas. Bonds … 30 yr. Bonds… there is a possible … Continue reading
A.M. look 1/2/15
Stocks… Spu’s…2054 is the pivot. Below… It can revisit 2022/ Above… Spu’s need a close back over 2067 resistance. IBB…299 is 50 DMA support, a must hold level. Price action back over 306 puts the Bulls back in charge. … Continue reading
A.M. Look 12/16/14
Stocks… Spu’s…(H) needs to sustain above 1992 for a short covering rally.(Z) Dec. level is 2000, they’re respective 50 DMA’s. 1995 is the Monthly ORL # which either month must maintain above to avoid a slide to 1945. NASD 100…50 … Continue reading
A.M. Look 12/15/14
Stocks… Spu’s…(DEC) the Mid 1990’s, which will be a retest of the 50 DMA and Gap we took off from in Oct. is the support level we bounced from last night. 2022 will remain a key pivotal level for the … Continue reading
A.M. Look 12/1/14
Stocks… Spu’s…could go as low as 2046 and hold up. Midcap…14,300-14,320 is support and the closing downside pivot. DAX…10,000-10,050 is the resistance zone and the closing upside pivot. Airlines…Follow the oil. The Airline stocks have come a long way and … Continue reading
GBP/USD
Sterling is being sold against pretty much everything. Gold,Canada,Oil, & Euro. It’s got farther to go. Look for a test and a probing of the next set of macro sell stops just below 155.00
A.M. Look 11/14/14
Stocks… ORCL…put in an ORH day. Buy early weakness against 40.45 with a stop below 39.95 close. This is a good candidate for an opening range trade today. If this holds and starts up after the opening you can buy … Continue reading
A.M. Look 11/13/14
Stocks… Nasd 100…I’m looking for an eventual 4400. Spu’s..2060 is the next level technicians are targeting. Bonds … 30 Yr. Futures… 142.10 is weekly resistance and the closing upside pivot. FX… AUD/USD… 87.35-50 is closing resistance that has to be … Continue reading
A.M. Look 10/31/14
Stocks… Nasd 100…4074 should be used for early market tone. 4103 is resistance. Closes over 4120 are needed to start a whole new Bull leg higher into year end. SPU’s…put in an ORH day yesterday. Closes over 2022 start another … Continue reading