As long as Goldman maintains above 147.50 we’re looking for 162.
We’ve had a tgt area in Goldman around 140 +-, we’re basically there. XLF…the 2010 high was 17.12 the 2011 high was 17.20 We are mentioning this because the Financials have been on a tear. The percentage moves have … Continue reading
Spu’s…back to the 200 day. A close over 1381.75 (ORH daily #) sustaining over this level after 12:30 CDT, will put the shorts on the defensive. Nasd…needs over 2600, watch AAPL GS…117.84 are the near term stops with 118.57 the … Continue reading
GS…117.65 will be the nest technical focal point. Sustaining below this level will have us looking for a 113 print. AAPL…the Nasd 100 is still an AAPL trade. AAPL needs to sustain higher on the day for any type of … Continue reading
Goldman elected the stops over 104.40-60 15.06 is a potential double top in the financials. Given Spu/Bond Fib resistance reversals are possible. Time Frame Trading the rest of the day
Watch this level for tone on the Financials
102 was the break out for the 25% rally. It should now act as near term support and a closing pivot. Given the RSI’s show very short term oversold, I’d use it as a barometer for the financials today. … Continue reading
A close below 115.40 in Goldman puts in an ORL Day. 110 ish is the next level.