Tag Archives: Grains
A.M. Look 10/6/14
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
A.M. Look 7/15/14
Stocks… IWM…113.22 is support and the low risk buy zone this week. Closes over 117.50 is needed to signal a new push higher. Bonds 30 yr. Bonds…136.17 is first support @ the 50 DMA TLT…112.95 is near term support. FX… … Continue reading
A.M. Look 6/18/14
Stocks… IWM…Russell @ 117.50 has a potential weekly double top. There will be resting buy stops above this level. Bonds 30 Yr. Bonds (M)…137.02-04 is near resistance and the upside pivot. FX… Euro…is trading oversold, which means it’s a sell … Continue reading
A.M. Look 6/4/14
Stocks… MMM…141.50 close is support and the risk for new longs. Closing over 143.40 leads to more upside. A close below 141.00 is needed for a correction of a few percent. Bonds Bunds (M)… 146.55 will be resistance and the … Continue reading
A.M. Look 6/12/14
Stocks… XLE & DIG…both put in ORH days. Bonds 30 Yr. Bonds…need new price action either above or below yesterday’s range for new direction. FX… NZD/USD…86.70 was last qtr’s close in the Kiwi, making the first price action above this … Continue reading
A.M. Look 6/11/14
Stocks… Spu’s…need new strength over 1954-56 for more upside. 1st support is 1931-34. FB…Needs new closing strength over 66.60 for another move higher. TWTR…34.55 is near support. On the daily chart this looks poised to test the 50 DMA @ … Continue reading
A.M. Look 6/3/14
Stocks… MVV…(Midcap 400) is the index with a potentially bullish pattern. It will be important to see if this holds up today into Thursday A.M. to see if it is indeed the start of another leg up. Bonds 10 yr. … Continue reading
A.M. Look 5/15/14
Stocks… Spu’s…sustained price action under 1882 is needed for a further sell off. Nasd 100…still needs under 3575 to do any pattern damage. DAX…9600 is today’s support. FTSE…6995 is the 1999 high with resting buy stops above. This is the … Continue reading
A.M. Look 5/14/14
Stocks… IWM…110.10-50 is support and the no sell zone. This is the area where the shorts can get spit out the first time down. Nasd 100…needs to get under 3597 for any downside to materialize. A close under 3460 is … Continue reading