Tag Archives: Gold
A.M. Look 3/22/16
Stocks… Spu’s…need sustained price action and a close below 2031 to weaken. Bonds.. 30 Yr….163.02-04 is resistance today. FX… GBP/USD…Sterling continues to be the weak currency on the crosses. Commodities… Soybeans…is looking up. It’s been holding retrace support above 8.88. … Continue reading
A.M. Look 3/21/16
Stocks… Spu’s…need to close under 2005 to break down. Nasd 100…last week I was looking for a 70 point rally. This week I’ll need to see a couple of closes over 4415 to maintain upside momentum. Weekly sell … Continue reading
A.M. Look 3/16/16
Stocks… Spu’s…that green line is the 200DMA. A close over this level tomorrow or Thursday is needed to attract new buying. Nasd 100…yesterday I thought there was a chance for this to lead with early price action over 4360 looking … Continue reading
A.M. Look 3/15/16
Stocks… Spu’s…2030-35 is the resistance and target level for March. June 2020-25 with the cash (SPC5) 200DMA @ 2019. Nasd 100…4400 +- a couple is where the 200DMA comes in. This should reject the first time up. Bonds.. … Continue reading
A.M. Look 3/14/16
Stocks… June Equity Futures will become the dominant month today. Spu’s…June is trading at a 10.00 point discount to March. Nasd 100..June is trading at a 9 point discount to march Bonds.. FX… June Forwards…These are the current spreads … Continue reading
A.M. Look 3/11/16
Stocks… Spu’s have to close below 1965 front month for lower. Bonds.. 30 Yr….161.19 is the bottom of this area with all new weakness below. 163.14 is resistance. Bunds…right here it’s hard to gauge whether they can get back … Continue reading
Midday Missive
Bunds have been running the show with an ORL day happening. Bunds can trade as low as 160.18 Spu’s can put in an ORL day with a close below 1978. There will be a big fight at the level the … Continue reading
Gold
1265.70 is today’s ORH # This will be the new 50 yard line for the rest of the day.
A.M. Look 3/10/16
Stocks… Spu’s…2014 is today’s 200DMA right at the bottom of the pit gap from 1/4/16. Nasd 100…weakens under 4265. Resistance is 4360 & 4420 the 200DMA ASX 200…looks to retry 5270 as long as5127 holds on a closing basis. … Continue reading