The path of least resistance is up the later in the day it gets. JPM & C are attempting ORH days. GS…is attempting an ORH day. A close over 190.20 would confirm the pattern. KBE… breaks out with a close … Continue reading
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
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
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
EUR/JPY…the resting buy stops are over 138.04. You’ll need to see closes over 138.25 for more upside. Bunds…150.88 is support. You’ll need to see sustained price action under for another 40 points. IYT…152.39 is the all time high. price action … Continue reading
NFLX… is attempting an ORH day to the upside with a close over 328. This is a buy before you sell against 320 for a possible low. GOOGL…this is a buy before you sell with a tight stop against 518. … Continue reading
XLE…is attempting an ORH day closing over 93.86 KBE, JPM, BAC, XLB, BBY,NKE..are all low risk longs with a stop against today’s low.
Euro…the resting buy stops are over 138.80, today’s ORH# Gilts…a close today over 110.30 puts in an ORH day. Today’s low is it’s 200 DMA. KBE…a close over 32 will provide short term bottom to trade against. IBB…has held for … Continue reading
SCHW…is attempting an ORL day by staying under 26.73. By not holding 26.49, mvg avg support, look for the up move to be over. PCLN…1109-10 is the 200 DMA support. KBE…is trading @ it’s 200 mvg avg @ 31.96. Price … Continue reading
Stocks… Nasd 100…3584 is support and the short term downside pivot. Buy stops are over 3630-35. KBE…needs all new closing strength over 32.45 for another run to retest the ORL reversal # of 33. KRU…the regional banks need to hold … Continue reading