Tag Archives: Gold

A.M.Look 1/9/15

Stocks… IAT…regional banks need to hold 33.65 for higher. Spu…2022-24 is the level that needs to hold on a break. TWX,V,BLK,EXAS,BRKA have good technical formations. If the Indices hold an early break and start to recover these names have room … Continue reading

A.M. Look 1/6/15

Stocks…   SPU’s…2012 was the lower end of our support zone. Sustaining above 2025-8 will keep the Equity Indices bid into mid week. Closing below 2010 would have me looking for another 40 points down in this Index. DAX…9550 will … Continue reading

A.M. Look 12/16/14

Stocks… Spu’s…(H) needs to sustain above 1992 for a short covering rally.(Z)  Dec. level is 2000, they’re respective 50 DMA’s. 1995 is the Monthly ORL # which either month must maintain above to avoid a slide to 1945. NASD 100…50 … Continue reading

Metals

Gold …1240 the level that won’t go away (The last qtrly ORL#), followed by 1265-70. ​SILVER​…17.40-80 is resistance and the exit for Longs. Time frame trading the rest of the day. Expect the Dollar rout to abate after London’s close.

A.M. Look 12/4/14

Stocks… Spu’s…the initial swing count is still 2120 which was generated from the 1813 Oct. Low   DAX…10,000-10,050 is the resistance zone and the closing upside pivot. ASX 200…5380 is resistance and the upside closing momentum level, with 5418 being … Continue reading

A.M. Look 12/2/14

Stocks… Spu’s…could go as low as 2046 and hold up. Sustained price action below 2046 would open the way for the Spu to move in 20 point increments to the downside. DAX…10,000-10,050 is the resistance zone and the closing upside … Continue reading

A.M. Look 11/25/14

Stocks… Spu’s…the first swing count is 2120. DAX…9860-10,050 is an important resistance zone. Bears will try to sell into this level looking for a market correction. I doubt the bears get much. For Bulls, they have to be patient. The … Continue reading

A.M. Look 11/24/14

Stocks… DAX…9860-10,050 is an important resistance zone. Bears will try to sell into this level looking for a market correction. I doubt the bears get much. For Bulls, they have to be patient. The market has to work through this … Continue reading

A.M. Look 11/20/14

Stocks… DAX… The weekly ORH # is 9400, the level that needs to hold on a break. 9510 is today’s 200 DMA. All new closing strength over this resistance level is needed for a test of 9820. Midcap…needs over 14,3200 … Continue reading

A.M. Look 11/19/14

Stocks… DAX… The weekly ORH # is 9400, the level that needs to hold on a break. 9510 is today’s 200 DMA. All new closing strength over this resistance level is needed for a test of 9820. MVV…71.31 is support … Continue reading