Given the Spu/Bonds went to the trend line and the Yen went to the initial exit zone…+ the Gold stopped dead on resistance @ 1725, my worry is a Risk Off board, going into the latter part of the week … Continue reading
193.14 is the ORL # Look to match this up with the low 1420’s in the Spu’s
AAPL…588.70 is the 200 day mvg avg. CAT…86.04 isĀ last months close and puts this instrument basically sideways for the past 5 months MMM…90.46 is the monthly ORL # IBM…193.25 is the monthly ORL #
Nasd 100…got to our tgt area which was close to the 200 day mvg avg. in the 2650’s, a level we have not seen since July when we were trading around 2515. Resting buy stops are over 2688. Oil…91.50 (Z) … Continue reading
The Macro sell Stops are 193.25
This has the potential for an ORL week with a Friday close below 205. The low risk buy zone is 196-198 for a trade.
IBM…Bulls…203 is the 50 day mvg avg and support…Monitor this level for the next signal in the NASD TBT…65.35 is the 50% fib for this swing matching 147 in the 30.. Shorter time frame traders should take some money off … Continue reading
IBM…a close below 188.10 puts in an ORL day. AAPL..a close below 604 would have me looking for a print in the 580’s again.
Spu’s…1320 is the first 30% from last months high Nasd… 2560 is the same level. XLE.64.60-70 CAT…88.50 ECA…21.15-18…closing above tgt’s 21.90 MMM…84…then 84.50 IBM…by maintaining and closing over 192.90 the next tgt is 195.40 The rest of the day will … Continue reading