Tag Archives: IWM
A.M. look 9/4/14
Stocks… Dax…Hit big resistance just shy of 9700 yesterday. This still seems to be the lowest risk Equity Index short given the defined out. Nasd 100…put in an ORL day. Sustained price action and a close over 4095 would lead … Continue reading
A.M. Look 9/3/14
Stocks… Spu’s…still tgt the low 2020’s Nasd 100…4160 is the next tgt. Bonds … 30 yr. Bonds.. I don’t have an interest in selling the Bonds mid-week after a 2 1/2 point break. FYI…I will be writing and trading off … Continue reading
A.M. Look 9/26/14
Stocks… IWM…ran the monthly ORL stops below 109.86. Sustained price action and a close below this level opens the door to 107.44 ( the qtrly ORL #). Spu’s…1958.50 fills my downside objective for this move. 1973-4 is mvg avg resistance. … Continue reading
Midday Missive w/ Follow Up orders
CAD/JPY….96.23 is where the resting buy stops are. This is the monthly ORH #. Canada has hit major resistance @ 92.43 Futures App 108 USD/CAD Both got close to these levels when Britain’s P.M. ( David Cameron) was discussing the … Continue reading
A.M. Look 8/29/14
Stocks… SMH…put in an ORH day. Look for some upside follow through. A close today over 51.17 will put in an ORH Month WDAY…looks like it’s going to try to put in an ORL week, however 85.20-84.77 is major support … Continue reading
A.M. Look 8/28/14
Stocks… Spu’s and Nasd 100 are overbought. The patterns are sideways to lower for a bit to relieve the RSI’s. Be patient today into tomorrow to see if investors want to cash out after this big run up into the … Continue reading
A.M. Look 8/27/14
Stocks… Targets remain the same. DAX…94.77-95.15 is weekly resistance and the closing upside pivot. Now that we’ve broken above this zone I’m looking to buy a 100 point pull back HEDJ…56.60 is the buy zone for this ETF. Buy breaks … Continue reading
A.M. look 8/26/14
General Comments or Valuable Insight The Spu’s will need price action under 1987 for any pull back. The board will be a low volume trade and will not have a Risk Off tone unless this happens. World Bond markets remain … Continue reading
A.M. Look 8/22/14
Stocks… Spu’s….2000 is a natural big level # where it would be imprudent to over trade. It is more a psychological level than a technical boundary. Depending upon where you like to take your swing counts from the 2020’s is … Continue reading
IWM…Position Update
The High tick at in the last minute of trading was 115.26 so I am considering the Long position elected to avoid confusion. If your order was not elected just wait until tomorrow to see how it trades. As of … Continue reading