Tag Archives: Gold
Midday Missive
Spu’s…1682-83 is resistance. A close over 1686 is needed to reverse the pattern. Having said that, all new weakness is needed under 1675 for an attempt lower. CAT…80.85 is the monthly ORL #. There will be resting sell stops below. … Continue reading
A.M. Look 7/25/13
Stocks.. Spu’s…put in an ORL and has followed through this A.M. 1671.75 is point & figure support. A Friday close under 1665.75 would have me believe this could turn into a good correction. SDS…37.80-90 is the first resistance level. Closing … Continue reading
A.M. Look 7/23/13
Stocks.. NFLX…237-238 is short term support the first time down. 270 was the high monthly close. NFLX needs to close over this level to confirm another leg up. Bonds… TBT…72.43 is the qtrly close. Like the 30 Yr. @ 135.27, … Continue reading
A.M. look 7/17/13
Stocks.. Spu’s…have a potential double top @ 1680. A close under yesterday’s low would lead to a sell off. Bonds… 30 yr….are still trying to break out to the upside. The first test should be 135.27-136.00. As long as 134.20 … Continue reading
A.M. Look 7/15/13 W/ Trade Updates
Stocks.. QQQ…76.05 is a level that can reject the first time up. The longer term upside tgt is 82 as long as 72 holds on breaks. Bonds… 30 yr….135.00 remains resistance and the upside pivot. FX… Euro…needs a close under … Continue reading
Midday Missive
Nasd 100..wants to print 3044 the old high. Then you might see some profit taking. Spu’s…The next measured swing count is to 1687, however failing @ today’s opening range we would have to close under 1655 to signal a short … Continue reading
A.M. Look 7/11/13
Stocks.. GOOG…924 was the old pre-market high and tgt. This level will run the next swing in GOOG. NFLX…248.85 is the old high, 262 is next resistance. DAX…is over the 8000 pivot. Bonds… 30 yr….The long term point & figure … Continue reading
A.M. Look 7/10/13
Stocks.. Spu’s…1657 is the next measured tgt. Bonds… 30 yr. Bonds…still need to sustain above 134.00 for any upside to materialize Bunds…143.15 is the first level to look for price rejection. FX… AUD/JPY…92.77 is the 200 day mvg avg.is resistance … Continue reading
A.M. Look 7/9/13
Stocks.. GLD…122.88-123.33 is resistance. Closing above this level will lead to a test of 125. AGQ…a close above 17 is needed for a try at 19. GDX…technicians will be looking for an upside breakout above 23.70 to hold and go … Continue reading