Spu’s… Nasd 100… Longs will be chasing this A.M. Look to the Midcap and Russell for opportunity. They are lagging the other two Indices.
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Spu’s would need to sustain over 1866 to try up again. The only question that remains is how many round trips the bots want to take today. There was a lot of bottom fishing today. Both the Midcap and the … Continue reading
Stocks… XLU…put in an ORH day. 44.39 is 200 DMA resistance. 43.75 is support. XLK…41.81 is resistance. NFLX…put in an ORH day. Retest support is 109.30. Nasd 100…4390 is resistance. Bonds … 30 Yr. Bonds…despite the ORL Bonds traded right … Continue reading
After today’s action I’ve now gotten buy signals in the SPC cash Nasd 100 Futures, Russell,Nikkei,FTSE & DAX. Nothing doing yet in the ASX or the Midcap 400. These signals simply tell us it’s time to buy the hard breaks … Continue reading
Both the Spu’s & the Midcap are trading within a breathe of their respective 200 DMA’s, just below today’s current low. The Bulls will want to see some recovery off these levels. If the market is going to hold, the … Continue reading