Tag Archives: Midcap 400
A.M. look 7/8/14
Stocks… AAPL…is breaking out to the upside on a qtrly chart above 95.30. I’m looking for another 10-15 % of upside. GPRO…Gopro is consolidating between 40.50 support and 45.25 resistance. These two levels will run the next swing. Spu’s…need a … Continue reading
Midday Missive…W/EURO TRADE ALERT!
The Russell and the Midcap are gaining on the Nasd & Spu. I would expect that to be the case today particularly with the ORH week in the IWM. Brent…resting buy stops are over 109.87. Any $1 to $1-1/2 breaks … Continue reading
A.M. Look 6/3/14
Stocks… MVV…(Midcap 400) is the index with a potentially bullish pattern. It will be important to see if this holds up today into Thursday A.M. to see if it is indeed the start of another leg up. Bonds 10 yr. … Continue reading
Midday Missive
IYT…potential double top. Midcap 400…is attempting an ORL day. I don’t want to read too much into that pattern with a neutral RSI. The broader weakness is in the Midcap and Russell. Yes, welcome to the mid week shuffle! The … Continue reading
Midday Missive
World interest rates are in play with the Italian 10 leading the the peripherals lower against the Bund ( German 10 Yr.) DAX…97.28-40 is pattern resistance and the closing upside pivot. Midcap 400 Futures….(EMDM) I would need a close over … Continue reading
A.M. Look 5/2/14
Stocks… Spu’s…1894 is resistance. Nasd 100…gains upside momentum over 3593 close. Midcap 400.. the 50 DMA capped it’s rally yesterday, this index will gain upside momentum closing over yesterday’s high. MVV…65 is the 50 DMA. The upside closing momentum # … Continue reading
A.M. Look 4/21/14
Stocks… NFLX…A close above 353 is needed for more upside. JPM…55.55 is resistance and the upside pivot. Watch for market tone in the financials. It’s short-term oversold. Midcap 400 ( MVV)….are into resistance. Bonds 30 yr….133.16-18 will be pivotal. TBT…66.24 … Continue reading
Nasd 100 is Leading
Nasd 100..a close below 3535 puts in an ORL week. This is a negative pattern. Midcap…1342.50 is the weekly ORL Spu’s…1825 is the weekly ORL. They’re below 1874, so they’re no good in my world. Below here the mayhem will … Continue reading
Pattern Reminder
SPU’s,SSO,Nasd 100,QQQ,QLD,PCLN, ASX 200 Futures,MVV,Midcap 400,XLK,XLV, Are all putting in ORH months. This is a bullish formation. Any one looking to short this formation before Early Monday morning is daft! PG,CB & some of the more mundane names look to … Continue reading
A.M. Look 1/27/14
Stocks… Spu’s…1800 is the qtrly pivot. Short term traders should be using this level for market tone. This is where you look for market follow through to the upside. A lot of technicians were eyeballing the low 1770’s as support. … Continue reading