Tag Archives: Gold
A.M. Look 3/24/14
Stocks… Spu’s…(M) 1871 will act as resistance. 1857 is the February close, which will act as a short term pivot. Nasd (M)…3691 will be resistance. 3700 is the February close, which will act as a short term pivot. 3615 is … Continue reading
GDXJ…Follow Up
I’m using 39.58 for the average buy in. This is the # I will use to mark this position. Plain and simple this was a trade off a technical level. I simply bought this after it held the confluence of … Continue reading
GDXJ…Trade Alert!
BUY GDXJ @ the market. OCO order…Sell @ 41.80 OCO 38.70 stop
A.M. Look 3/20/14
Stocks… Spu’s…(H) show a possible head & shoulders top on the daily chart. A close lower on the year ( below 1841) is needed to confirm the pattern. Nasd (H)…3661 is support and the downside pivot. Once below 3610 ( … Continue reading
A.M. Look 3/13/14
Stocks… GOOG will be a huge market tell over the next week. It was the first bell weather tech to put in an ORL pattern, which the broader market belatedly followed. Yesterday’s low was not low enough @ 1184. 1178.50 … Continue reading
A.M. Look 3/11/14
Stocks… GOOG…1220 is the closing upside pivot. A breakout to the upside is needed to confirm another leg up in the Indices into month end. Spu’s..1859 is the lowest risk buy level. Nasd 100.. sustained price action under Friday’s low … Continue reading
A.M. Look 3/5/14
Stocks… IYT…134.58 is resistance and the upside closing pivot. QCOM…sustained price action and a close over 76.75 is needed for a move to 83. DIS…81.59 will be pivotal the rest of the week. LNG…50.69 will be pivotal the rest of … Continue reading
A.M. Look 3/4/14
Stocks… Nasd 100…3635 is the ball game for the risk on crowd. Yesterday low was a retest of the monthly ORH pattern.As long as this level holds there is limited downside. GOOG…Held matching yesterday’s low in the NASDAQ 100 Futures. … Continue reading
A.M. Look 2/28/14
Stocks… Don’t get caught selling weakness into Month end. Bonds.. 30 yr. Bonds…135.25-136.08 is the big over hanging weekly resistance. Sustained price action above 135.15 next week is needed to change the look of the long term charts. Next Friday … Continue reading