Tag Archives: IWM
The Late Show
IWM,MVV,DIG,XLE,BMY & Nikkei are all attempting daily ORH patterns. SLB led the energy names early. XOM…is looking firm. A close over 93.30 is needed to confirm a tradable low. Line…needs a close over 10.30 to confirm the 9 low. IBM…failed … Continue reading
A.M. Look 1/16/15
Stocks… ORL’s abound. Spu’s, Nasd 100,IBB,PANW,XLK,XLV,IWM…the list is too long! IBB…took off it’s party hat yesterday with an ORL day. Biotechs have been bucking the trend for a while. 303.35 is the 50 DMA. This is where the rubber … Continue reading
A.M. look 1/2/15
Stocks… Spu’s…2054 is the pivot. Below… It can revisit 2022/ Above… Spu’s need a close back over 2067 resistance. IBB…299 is 50 DMA support, a must hold level. Price action back over 306 puts the Bulls back in charge. … Continue reading
A.M. Look 12/31/14
Stocks… Spu’s…an early break into the mid to low 2060’s should be bought with a tight stop. Nasd 100…an early break into the low 4260’s should be bought with a tight stop. IWM… A close today over 120.97 puts … Continue reading
A.M. Look 12/30/14
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
A.M. Look 12/19/14
Stocks… Equities have had a massive one way lemming effect trade into this A.M. They need to digest a little before being marked up into Year end again. My favorite names on breaks are UNH,MMM,XLP,BRKA. IWM…is firm over … Continue reading
UNH…Trade Alert!
BUY 40 UNH DEC 14 104 Calls @ .20. The market is wide with very little volume. I wouldn’t pay up at the market! Place an order mid market to see if you can get some on. These expire in … Continue reading
A.M. Look 12/9/14
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
A.M. Look 11/17/14
Stocks… Nikkei…Japan is putting an ORL day with a close below 17,335. 17,175 is first support and the downside momentum level. ASX 200…5431 is today’s ORL # as well as the 200 DMA. Spu’s…2020-22 is support and the closing downside … Continue reading
A.M. Look 11/11/14
Stocks… Spu’s…need a close under 2020 to see profit taking hit the Equity Indices in the U.S. Nasd 100…keeps putting in higher daily lows, a bullish formation.Only a close under 4142 could change the short term sentiment, although I doubt … Continue reading