Stocks.. GOOG…put in an ORL week. Below 1101 this can pick up some downside momentum. Bonds… 30 Yr. Futures…sell rallies not breaks. There should be small resting buy stops around 129.00 which could lead to another 1/2 point rally. FX… … Continue reading
NASD 100…is attempting an ORL week with a futures close under 3549. The pattern has just filled the weekly gap left from the Fed meeting in Dec. @ 3536.50. You’ve have potential reversal weeks up in the Aussie and Gold … Continue reading
GOOG…remains positive over 1025 with an eventual run just shy of 1100. XOM…95.49 is the qtrly ORH #. This level will run the next swings. Above, we’re looking for this to move to 100. LNG…has been a market stalwart for … Continue reading
We’re looking to increase our Long weighting in the SSO on the close. We’ll be looking to add the DXJ on the close. Here is what looks good right now. GS,GOOG,IBB.XLV,F AAPL…needs a close over 522 for higher. F…Ford closing … Continue reading
Stocks.. SSO…92.30 is support and the closing downside pivot. Spu’s…are presently stuck between 1750 and 1764 Bonds Bund…141.46 is daily support and the short term downside pivot FX… AUD/USD…needs a close over 95.50 for higher. EUR/AUD…weekly sell stops are @ … Continue reading
Stocks.. GOOG…the next upside tgt is 1050 ish. NFLX…closing above 336 is price positive. Bonds FX… AUD/JPY…94.02 is the upside pivot. AUD/USD…needs sustained price action above 96.45-53 and a close above 96.75 to negate yesterday’s chart pattern GBP/USD…as long … Continue reading
We’re looking for low risk names where we can define our risk. IBM…I like last weeks bottoming action. A close over 186.80 is needed to confirm the low and buy the strength. GS…Goldman earnings come out before the opening tomorrow. … Continue reading
Stocks.. GOOG…is good as long as it does not print 864 PIN…by maintaining over yesterday’s high, this tgt’s 18.46 next. FXI…38.90-39.02 is the next resistance area. Once above look for another dollar EWW…maintaining above 66 gets this moving to … Continue reading
Stocks.. Spu’s…are trading near resistance. 1665-66. Nasd 100…3175-81 is resistance. Bonds 30 yr…. is trading close to support. Only closing under 131.28 would have me take a second look FX… USD/JPY…98.20 (101.90 ish) is Yen support Commodities… OIL…resting sell stops … Continue reading