Stocks… AAPL…needs a close over 112.50 for upside. GOOGL…626 close is today’s hold #. IBB…336 will be pivotal all day. Spu’s…Point & Figure stops will be under 1916. 1957 is resistance. As of this writing you’d need to see sustained … Continue reading
GOOGL & AMZN need to hold these levels to not see a big flush at the end of the day. IBB below 332 will be negative as well
Spu’s are matching up with support and resistance in GOOGL. 632 is support…644 is resistance. The Spu’s are holding the opening range for the moment. Oil…46.46 is near support with all new weakness below.
The Spu’s are up at everybody’s resistance. I think we just power through the zone. In order for there to be profit taking the Spu’s have to trade back below 1967.25 ( last weeks close). This would mean that GOOGL … Continue reading
Stocks… Spu’s…1964.50 was Sunday’s opening range with small buy stops above. Sustaining and closing above should solidify this low. This is an exit zone the first time up for Futures traders. Bears will give it one more go @ 1978. … Continue reading
Stocks… Spu’s…1950 will act as resistance. Anything over 1964 is an exit zone the first time up. Bonds … Bunds…153.82 is first fib support. FX… AUD/JPY…is pretty much the same chart as the Spu’s. 86.86, last night’s high,is first … Continue reading
Stocks… Nasd 100…4265 is the first target. Spu’s…1965-75 is the first buy before you sell level. DAX…led the rally in 2014 and led the down on this break. 10,000 +- a few was the breakout level. This will continue to … Continue reading
GOOGL is finally giving it up. 671-73 is today’s support and downside closing pivot. IBB…432 is the 200 DMA. Nasd 100…today’s 200 DMA is 4380, a level that looks to be tested which would give the Nasdaq another 100 point … Continue reading
Stocks… Nasd 100…the levels have not changed. 4430 is support. Closing below 4420 will lead to a much deeper correction. Bonds … 30 Yr. Bonds…do not fade the up. TLT…126.70 is Fib resistance. Bunds…155.74 is the reversal qtrly low which … Continue reading
Stocks… MVV…77.95 is the low risk buy level. Only a close below 77.29 (it’s 200 DMA) turns it lower Spu’s…we’re back up at the higher end of the range. 2061 is the lower end of value on the point & … Continue reading