Stocks… Spu’s…a couple of closes over 2120, where the resting pattern buy stops are, is needed to re kindle a feeding frenzy in equities. VIX…I’ll look to give this another go in the mid to low 12’s via a long … Continue reading
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. ACT…is gaining upside momentum. Keep this teed up for an opening range trade today. You’re looking for an upside move. … Continue reading
Stocks… Spu’s…2022.50 in the Mini’s and 2012 in the Pit contract will be pivotal into Month end. They are this qtr’s ORH #s. March (H) is becoming front month on Monday, with March currently trading @ a 6.75 discount to … Continue reading
Stocks… IWM…an ORH month seems a lock. A close tomorrow over 120.97 puts in an ORH qtr. to fill out the pattern. KBE…put in an ORH day. 33.95 is the Monthly ORH #. 34 is the qtrly ORH #. … Continue reading
Stocks… Spu’s…(H) needs to sustain above 1992 for a short covering rally.(Z) Dec. level is 2000, they’re respective 50 DMA’s. 1995 is the Monthly ORL # which either month must maintain above to avoid a slide to 1945. NASD 100…50 … Continue reading
Stocks… Spu’s…(DEC) the Mid 1990’s, which will be a retest of the 50 DMA and Gap we took off from in Oct. is the support level we bounced from last night. 2022 will remain a key pivotal level for the … Continue reading
Stocks… Spu’s…need to close back over 2064 resistance to entice me back in. IWM…needs back over 116.80 close to negate yesterday’s ORL pattern. 114.25 is support @ the 200 DMA. Ford…closing today below 15.40, 50 DMA, will have me exit … Continue reading
EUR/AUD….140.25 was last weeks break down level. Price action above here would leave way to 141.35-40…this is the low risk sell zone where you want to sell the Euro and buy the Aussie via the cross with a 30 pip … Continue reading
We have no positions…The orders below are good working orders. These are the orders that should be working! Today’s Working Orders …. SELL USAU (30 yr. Bond Futures) @ 140.14 BUY GBP/USD @ 166.75 …………………………………………………………………………………. EUR/GBP …The rally in the … Continue reading
The Italian 10 yr. Bond…. FBTPU4, which signaled the low in rates yesterday for all the major Bond markets, put in an ORL day and looks vulnerable to another 100 point drop with sustained price action below 127.45. Spu’s…put in … Continue reading