Tag Archives: GBP/USD
Midday Missive
Spu’s…just double topped on the Point & Figure chart. All new price action is needed over today’s high for more up. Spu’s have to close below 1995 to think there will be any pattern damage. It will be a late … Continue reading
A.M. Look 9/3/14
Stocks… Spu’s…still tgt the low 2020’s Nasd 100…4160 is the next tgt. Bonds … 30 yr. Bonds.. I don’t have an interest in selling the Bonds mid-week after a 2 1/2 point break. FYI…I will be writing and trading off … Continue reading
A.M. Look 8/20/14
Stocks… VIX…12.66 is the 50 DMA resistance and the short term upside pivot. 13.62 is the 200 DMA. Nasd 100…4080 is the first exit level for this swing. 4160 matching the 2000 semi annual high is the second tgt. … Continue reading
Midday Missive
30 Yr. Bonds… are attempting to top. By remaining under 140.00 they have the potential to break another point. TBT…by maintaining above 56.85 close, TBT can rally to 58 which is the next resistance level. Banks benefiting from the price … Continue reading
GBP/USD…Closing Trade Alert!
SELL GBP/USD @ the Market! There is no bounce to this instrument and I doubt the picture will improve by wishing it so. 166.20 is currently trading
A.M. Look 8/19/14
Stocks… IWM…115.11 is resistance and the upside closing pivot. XOM…98.11 is the 200 DMA. EXXON has been going sideways and holding it’s 200 DMA while the Crude and Brent have been imploding for the past 12 trading days. Of the … Continue reading
British Pound Trade Alert!
SELL 1/2 your Long GBP/USD @ the market! Cancel the order to SELL 1/2 Long GBP/USD @ 167.45 GTC Just taking some money off the table. 167.25 is last
A.M. Look 8/18/14
Stocks… Midcap 400…140420 is the 50 DMA. I’m focused on this level to run the Indices today. MVV…69.16 is the corresponding level in the ETF DAX…9115 is support. 9390 is resistance and the upside closing pivot. Bonds 30 Yr. … Continue reading
A.M. Look 8/15/14
Stocks… DAX…9390 is today’s resistance. Spu…1952 is support. Bonds 30 Yr. Bonds…140.14-17 is Monthly Fib resistance and the closing upside pivot. FX… Euro…Price action and a close under 133.30 is needed to see another 100 point sell off…Price action above … Continue reading
Midday Missive
JJG…38.58 is last months close. Price action and a close over 38.80 is needed to signal a short term bounce. Corn…is oversold and is attempting to rally. (Z) could rally to 3.796 resistance. This is also the upside closing pivot … Continue reading