Tag Archives: Midcap 400
Price Action…Chart Patterns
It’s going to get interesting this afternoon!!!! In the works..a potential outside reversal day to the upside ( ORH) in the 30 yr. with a close over 147.28. Russell 2000…possible ORL day with a close below 84540. Nasd 100…needs a … Continue reading
E-mini_MidCap_400_Sep_12_Daily.gif
9700 Is the ORL # Today. This will be a key driver for market tone the rest of the day. Equity/Bonds….the spreads are running the show.
A.M. Look 7/19/12
Spu’s…1375..1381.50 is the horizontal resistance. We presently need price action back under 1363 for this to be an interim high. Price action under 1370 is needed for any signs of this directional flow abating. Midcap…closing over 96000 will lead to … Continue reading
Russell & Midcap 400 Pattern Alert!
The Midcap @ the 18 day and the Spu printing 1333 is all I need to see for now. It’s late in the day so beware the Bots! CYA time! Tighten up your risk parameters.
A.M. Look 5/25/12
AUD/JPY…77.80 was last weeks close. We need all new strength over this level for upside. AUD/USD…sustaining above 98.15 will be positive. The spread ( forwards) to futures is now app 20 point discount. Spu/Bonds…are trying to poke their head up … Continue reading
Equity Indices | ORH Pattern Alert
It’s still early, however closes above 1310.50 Spu, 2521.75 Nasd 100, 920.80 Midcap and 75790 Russell will be needed for an ORH formation. The formation can signal a near term bottom. It is generally a price positive formation. https://www.whitewavetradingstrategies.com/glossary
A.M. Look 5/21/12
Euro..put in an ORH day on Friday. It retested 127.52 last night. Holding this level can lead to 128.80 ish on an initial rebound. GBP/USD…sustaining over 158.40 will lead to an attempt at a figure rebound here as well. AUD/USD…This … Continue reading
A.M. Look 5/17/12
Rallies to nowhere. Sell rallies not breaks until this plays out. The patient Day trader will be able to make money from both sides of the market. We’ll look around the board this A.M. to see if there are any … Continue reading
Stock Indices
Spu’s…1387-90 is support…1402 is the closing upside pivot. Gann guys show more than that is needed. Nasd…2700 +- is support and it does not have to get there. Midcap…needs a close under 98660 for an ORL day. We have no … Continue reading
Midcap 400 Futures…Pattern Alert
A close below 96360 puts in an ORL daily pattern. This is a price negative formation.