After today’s action I’ve now gotten buy signals in the SPC cash Nasd 100 Futures, Russell,Nikkei,FTSE & DAX. Nothing doing yet in the ASX or the Midcap 400. These signals simply tell us it’s time to buy the hard breaks … Continue reading
Stocks… Spu’s…1967.25 is closing resistance. Nasd 100…4238 and 4389 are the resistance levels. IBB…anything into 326 is a possible hold zone. Closing below is negative the indices. Closes back over 350 are needed to form up for a bullish pattern. … Continue reading
Stocks… Spu’s…1967.25 (last weeks close) will be pivotal all day as it was yesterday. 2000 is the 50% Fib retrace level where bears will give it another go. Nasd 100…mvg avg resistance is 4388-95. Bonds … Bund…154.52 is resistance and … Continue reading
It’s all in a name. The indices will be a nightmare to trade. The Nasd 100 will remain firm as long as IBB holds today’s low of 344 which is it’s 200 DMA. BBY…36.05 is the 200 DMA. Closes over … Continue reading
Stocks… Spu’s…1950 will act as resistance. Bonds … Bunds…154.58 is today’s resistance area 30 yr. Bonds…weaken under 157.22 close FX… The dollar is reacting to the Spu’s. You can’t buy strength or sell weakness. Commodities… OIL… 39.80 … Continue reading
Stocks… Nasd 100…4265 is the first target. Spu’s…1965-75 is the first buy before you sell level. DAX…led the rally in 2014 and led the down on this break. 10,000 +- a few was the breakout level. This will continue to … Continue reading
Stocks… Nasd 100…the levels have not changed. 4430 is support. Closing below 4420 will lead to a much deeper correction. Bonds … 30 Yr. Bonds…do not fade the up. TLT…126.70 is Fib resistance. Bunds…155.74 is the reversal qtrly low which … Continue reading
Stocks… Spu’s & Nasd 100…have filled out their respective point & figure charts. Nasd 100/30 Yr. Bonds….have rallied back to it’s 200 DMA. This will make upside follow through in the Nasd from here arduous. SHCOMP…the powers that be seem … Continue reading
I’m out of here before the bell today to catch a 7 A.M. flight. I pretty much covered everything in the video. Today is usually more about the Bonds, Dollar and the precious metals. 30 Yr. Bonds…have to reject @ … Continue reading