Tag Archives: Mexican Peso
A.M. Look 6/3/15
Stocks… Spu’s…have to sustain over 2015 for higher. The low 2090’s is near term support the first time down.DAX…11,380 is the weekly closing hold level. Bonds … TBT…48.16 is support and the downside pivot. FX… EURO…110 will be pivotal all … Continue reading
Yen…Trade Alert!
Protective Buy Stop. This is a Closing Trade. BUY JYAH @ 84.52 Stop GTC The Dollar is losing it’s upside momentum against a lot of Currencies. The Mexican peso is a good example. The Peso chart pattern is indicative of … Continue reading
Friday Afternoon…the world loves Vladimir again!
SSO…I’m looking for this to trade up to 114.50 for a start. Closing over 115.50 is very Bullish. Spu’s…a close in the all session mini’s (EPU) over 1925.75 puts in an ORH day off a very oversold market. Look for … Continue reading
Mexico
I’ve sent two charts which should be viewed for overall risk bias. The Peso has just reached it’s 200 day mvg avg (natural resistance) as the EWW is attempting an ORH daily pattern. If you believe a currency leads it’s … Continue reading
Equity Indices….Emerging markets
The ones that were beaten up the most are the least risky to buy. Midcap 400 and Russell have room on the upside. Spu’s…are just starting to pick up on a daily and weekly chart.One more day closing around today’s … Continue reading
A.M. Look 8/9/13
Stocks.. Equity indices are higher on the month but lower on the week. They look to me to be in a digestive mode. I prefer to let them digest without me. Bonds… 30 yr…we’re going to leave this gestate for … Continue reading