Tag Archives: Goog
GOOG_-_Google_Weekly
A close below 628.57 is needed for an ORL week. A close and sustained price action below the weekly low of 623 ish will lead to a much broader sell off.
A.M. Look 4/12/12
Last night saw some corrections in the Yen crosses, with EUR/JPY retesting the 200 day @ 105.93 and rallying. AUD/JPY…had the better bounce, however both have come up app 20-30 ticks short of anywhere is particular. The feature has been … Continue reading
The Usual Suspects
USD/JPY…83.50 ( app 119.70-80 M Futures) becomes the key closing pivot for more Dollar upside vs. the Yen. XLE…is a good alternative to trading the Oil Futures…If you’re bullish the Oil we’d use a 72.20 intra day as a stop. … Continue reading
A.M. Look 3/26/12
Friday being Qtr’s end, the one thing we aren’t looking to do is fight the capital flows, which are still up in the Equity indices and down in the Bond Futures. It would seem logical to see this flow continue … Continue reading
A.M. look 3/23/12
The interesting weekly chart patterns are in the OIH and the XLE ( Oil derivatives). They’re both putting in ORL weeks,however they are both getting into technical areas where we would entertain going long again. We’ll put these two on … Continue reading
AAPL…GOOG
I’ve had a dummy swing count in AAPL of 479 ish off the 200 day mvg avg low of 363 from the end of Nov. This is just the first big swing tgt. GOOG…short term, bulls need price action to … Continue reading
The Running of the Lemmings
Many instruments such as AAPL, GS ect have hit their short term upside target’s or elected the Buy stops over recent highs. Now the metal of the market will be tested. Can the breaks hold? 426.30 AAPL, 622 Goog are … Continue reading
Pattern Alert…Goog
A close today over 631.93 will put in an “ORH” daily pattern. As with X, these should be construed as price positive patterns.
Time Frame Trading
“Day traders” looking for a reaction trade, should be patient until London is done selling everything. IBM…180.50-181.50 is key support and a major closing pivot level for direction. AAPL …363 is the app 200 day mvg avg today. GOOG 557 … Continue reading
GOOG…NASDAQ 100 Futures
505-506.50 Google is a very significant pivot area. We rallied 120 points off this level…here we are again! Closes under this level can precipitate another leg down in the Indices. Watch for market tone!