Tag Archives: GBP/USD
A.M. Look 8/14/14
Stocks… Spu… 1952 is 50 DMA resistance. It will take a close over this level to start turning this Index positive EWP…40.00 is 200 DMA resistance. Closing over 40.50 targets 42. VIX… 12.60 is 50 DMA support. This level … Continue reading
A.M. Look 8/13/14
Stocks… Spu…1939-42 is resistance. 1952 is 50 DMA resistance. Nasd 100…looks better than the broader market. 3910-15 is resistance and the closing upside pivot. Do not fade price action above 3920. Midcap 400…138600 is closing resistance. DAX…9200 is … Continue reading
A.M. Look 8/12/14
Stocks… Spu…is caught between 1932 support & 1939 resistance. 1952 is 50 DMA resistance. Nasd 100…looks better than the broader market. 3910-15 is resistance and the closing upside pivot. Do not fade price action above 3920. AAPL…sustained price action … Continue reading
A.M. Look 7/15/14
Stocks… IWM…113.22 is support and the low risk buy zone this week. Closes over 117.50 is needed to signal a new push higher. Bonds 30 yr. Bonds…136.17 is first support @ the 50 DMA TLT…112.95 is near term support. FX… … Continue reading
A.M. Look 6/13/14
It’s Friday the 13th with Full Moon Fever. “Stand my ground, I won’t back down” (Tom Petty…Album… Full Moon Fever.) “I know what’s right and I won’t back down” The Bulls will have their work cut out for them “Hey … Continue reading
A.M. Look 6/12/14
Stocks… XLE & DIG…both put in ORH days. Bonds 30 Yr. Bonds…need new price action either above or below yesterday’s range for new direction. FX… NZD/USD…86.70 was last qtr’s close in the Kiwi, making the first price action above this … Continue reading
A.M. Look 5/28/14
Stocks… Nasd 100…3740.50 is the year high. This is a natural place to look for price rejection, however convincingly closing above this level gives much higher price targets. Nasd would need under 3685 to do any damage to the Bullish … Continue reading
A.M. Look 5/23/14
Stocks… Nikkei..is attempting an ORH week with a close over 14,490. DXJ…The lotto ticket for those looking for leverage on an upside breakout is the 47 or 47.50 “30 May Call” or the “June 6 Call”. Caveat Emptor…I’m not a … Continue reading
A.M. Look 4/29/14
Stocks… Spu’s… price action over 1870 and closing over 1874 will run out the short sellers. Bonds 30 yr. Bonds… have a double top on the point & Figure charts from Friday. 133.24 is first support. A close below 133.15 … Continue reading
A.M. look 4/28/14
Stocks… AAPL…575.13 was last years high. There should be resting buy stops above this level. Bonds 30 yr. Bonds… have a double top on the point & Figure charts from Friday. 134.12 is first support. A close below 133.15 is … Continue reading