Tag Archives: Gold
A.M. Look 5/19/15
Stocks… Spu’s…only come under pressure with price action below 2112, Monday’s London Low. DAX…11,852 is mvg avg resistance. Closes over 12,000 starts a new leg up. HEDJ…66.20 is the matching #. Spu’s,Nasd 100 & QLD put in ORH days. … Continue reading
A.M. Look 5/18/15
Stocks… Spu’s…only come under pressure with price action below 2112. This needs closes below 2080 to do any serious damage to the uptrend. IWM…124.00 is momentum. Above, look for an initial 2 dollars. FXI…. 51+- a few is resistance and … Continue reading
A.M. Look 5/8/15
Stocks… Spu’s…I doubt it can get back into the 60’s again. Only a close below yesterday’s low changes the bigger pattern. Bonds … 30 Yr. Bonds… 157.19 was last week’s close (1st natural resistance) I’d need to see sustained price … Continue reading
May Day
Stocks… LNKD…big picture 192 should bounce the first time down.SLB…maintains upside momentum by holding over 92.90. RIO…by holding 44, look for a move to 48.20. Spu/Bonds…it’s pattern integrity on the break yesterday. Spu’s…have to close under 2065 for lower. 2089 … Continue reading
A.M. Look 4/30/15
Stocks… Equities will be all about the sectors and the individual names within. Spu’s…sell stops are below 2090 support. Nikkei…19,400 is a level that needs to hold over the next day or so to prevent a deeper correction. SLB…broke … Continue reading
A.M. Look 4/28/15
Stocks… IBB…347 +- a couple has to hold to avoid a deeper correction. XLK…43.46 needs to be monitored for a potential monthly double top. Bonds … Bunds…159.00 is the qtrly pivot. A close under the 50 DMA @ 158.84 is … Continue reading
A.M. Look 4/24/15
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. ACT…is gaining upside momentum. Keep this teed up for an opening range trade today. You’re looking for an upside move. … Continue reading
A.M. Look 4/17/15
Stocks… Nasd 100…needs a close over 4335 for more upside. 4355-65 is daily support. Spu’s… price action under 2079 is needed to turn the P&F lower. 2070 is support and the market meltdown level. DAX…I need to see 11,800 hold … Continue reading
A.M. Look 4/16/15
Stocks… ACT…needs new closing strength over 302.50 for a run to the highs. BMY…needs to hold 63.40 close to keep pattern integrity. MBLY… Anywhere near 43 would be a low risk buy. NFLX…the 545 fib extension was hit shortly after … Continue reading