If you didn’t buy them out of the gate today, it’s a little rough chasing it. I have room on the point & figure in the Spu’s to run to as high as 2078. Do not try to pick a … Continue reading
GBP/JPY…resting sell stops are @ 181.50. Electing those stops could lead to 179.00 There is plenty to roil the market this A.M. in Europe including more fighting in the Ukraine. EFA…price action under 62.60 will elicit more selling of Europe … Continue reading
Stocks… Spu’s….1810 is support and closing below 1800 leaves way for a test of 1725-30. Nasd 100…3700 is support and the closing downside pivot for another 150-200 points. Minimally, this has to gain traction back over the 200 DMA @ … Continue reading
Stocks… Spu’s….1846 is unchanged on the year with macro sell stops below. Spu’s need sustained price action over yesterday’s high of 1892 to turn the longer term point & figure chart back up. Nasd 100…3768-58 is the 200 DMA depending … Continue reading
IYT…141.15 is the 200 DMA, sustained price action over this level will give in the Indices a boost. GOOGL… has put n a daily double bottom@ 545. CAT… has been a leader. 95 is resistance and the closing upside pivot. … Continue reading
Stocks… SPU’s … the point & figure pattern shows a move back to 1928 is possible. Sustained price action above the high 60’s is needed to turn the pattern Bullish. IYT…closing below 148.25 would target 141 a test of the … Continue reading
Stocks… SPU’s …need sustained price action back under 1954 to weaken. 1972 is today’s resistance and closing upside pivot. GOOGL…needs sustained price action and a close over 591 to held propel the indices higher.VIX…13.55 is support where the 50 & … Continue reading
Stick to the names and sectors that have been leading. IBB & XLV are the sector ETF’s that look good. GOOGL…breaks out to the upside with a close over 591. This will propel the the Indices higher. Some of the … Continue reading
Stocks… SPU’s …need sustained price action back under 1928 to weaken. Everyone is looking at 1954 ish for resistance, however the Point & figure has room for a move as high as 1967, which would definitely screw the most amount … Continue reading
Euro…after failing @ 129.25, is on it’s way to 127.50. All dollar denominated commodities will remain offered except for the meats. USD/JPY…107.25 (93.20’s Futures) is the level you want to buy dollars and sell Yen, if and when it ever … Continue reading