Tag Archives: Gold
A.M. Look 11/3/15
Stocks… IWM…needs above 118 to extend higher. Bonds … FX… Commodities… Gold…1138 is resistance, price action above 1143 is needed to to run the shorts out. Oil..is holding the breaks. Look for more upside above 46.75. General Comments or Valuable … Continue reading
A.M. Look 10/28/15
Stocks… Spu’s…2053 is support. Spu’s need to print 2049-50 for a reversal to appear on the Point & Figure chart. GILD…107.15 is the 200 DMA. You’d need sustained price action below for any real profit taking. UNH…will need over 120 … Continue reading
A.M. Look 10/26/15
Stocks… Spu’s…2055 is support and the downside momentum level. As of now you’d need to see sustained price action below 2053 to see profit taking. GOOGL… weakens below 711. AMZN…weakens below 579. Bonds … 30 Yr. Futures…are caught between … Continue reading
A.M. Look 10/22/15
Stocks… Bonds … No desire to be short! FX… Commodities… OIL.. 46.30-40 is near term resistance. Closing under 44.97 ( the 50 DMA) will bring out the bears. Gold…I got stopped out at break-even. I remain bearish the metal … Continue reading
A.M. Look 10/20/15
Stocks… AAPL…needs sustained price action and a close over 112.50 for an upside breakout. GILD…sustained price action and a close over 104.00 is needed for more upside. TWTR… remains positive as long as there is no close below 29.80 XLV…70.30 … Continue reading
A.M. Look 10/19/15
Stocks… TWTR..sustaining over 31.50 leaves way for another 5 dollars. DIS…needs under 105.60 to weaken. Bonds … 30 Yr….157.25 is today’s mvg avg support. Bund…156.45 is today’s mvg avg support. FX… GBP/USD…is strong on the crosses. GBP/JPY is … Continue reading
A.M. Look 10/14/15
Stocks… Nasd 100…4390 is closing resistance. Spu’s… We’ll need to see sustained price action and a close over 2012 to grind higher. Daily resistance will come in around 2002-3. Selling weakness starting @ 1188 down to 1978 will be problematic. … Continue reading
A.M. Look 10/13/15
Stocks… Nasd 100…4390 is resistance. Spu’s…we’re stuck. We’ll need to see sustained price action and a close over 2012 to grind higher. Bonds … FX… AUD/USD…point & figure shows a good close over 74 cents is needed for higher. … Continue reading
A.M. Look 10/12/15
Stocks… Nasd 100…4390 is resistance. Spu’s…we’re stuck. We’ll need to see sustained price action and a close over 2012 to grind higher. Bonds … 30 Yr. Bonds…Price action back above 157.07-13 will have the Bonds going back up. FX… … Continue reading
A.M. Look 9/30/15
Stocks… DAX, Spu’s & IBB all retested the August low in yesterday’s session. Closes under those levels are needed for a deeper correction. 1860 Spu’s, 9300 DAX, 284 IBB. Bonds … 30 yr. Bonds…157.16 is first resistance. Bunds…155.59 is today’s … Continue reading