Tag Archives: Midcap
A.M. Look 3/4/15
Stocks… SPU’s…2093-95 will be pivotal all day. The index can hold here, however sustained price action under will lead to more profit taking. DAX..11,200 is the hold level. Sustained price action below this level will have me looking for a … Continue reading
A.M. Look 2/5/15
Stocks… SPU’s…2049.25 is today’s ORH # MIDCAP…147230 is today’s ORH # Bonds … FX… EURO…114.85 is resistance. 113.00 is support. GBP/JPY…177.50 is support and the closing downside pivot. Look for this to trade in the direction of U.S. Equity Indices. … Continue reading
A.M. Look 11/21/14
Stocks… DIG…is breaking out to the upside on a weekly chart. As long as this is above 65.50 and closes today over this level I’m bullish, looking for an initial move to 69. MIDCAP…is attempting an ORH week with a … Continue reading
A.M. Look 11/20/14
Stocks… DAX… The weekly ORH # is 9400, the level that needs to hold on a break. 9510 is today’s 200 DMA. All new closing strength over this resistance level is needed for a test of 9820. Midcap…needs over 14,3200 … Continue reading
A.M. Look 11/14/14
Stocks… ORCL…put in an ORH day. Buy early weakness against 40.45 with a stop below 39.95 close. This is a good candidate for an opening range trade today. If this holds and starts up after the opening you can buy … Continue reading
Pattern Alert!
Today’s ORL #’s. Spu’s…2026.75 Nasd 100…4166.50 Midcap…1424.90, which is right into daily support. BABA…114.02 Time Frame Trading the rest of the day. I am not looking for an Equity Index meltdown, notwithstanding the stock rotation has been brutal.
A.M. Look 9/30/14
Stocks… IWM…ran the monthly ORL stops below 109.86. Sustained price action and a close below this level opens the door to 107.44 ( the qtrly ORL #). Spu’s…1958.50 filled my downside objective for this move. Price action and a close … Continue reading
A.M. Look 5/23/14
Stocks… Nikkei..is attempting an ORH week with a close over 14,490. DXJ…The lotto ticket for those looking for leverage on an upside breakout is the 47 or 47.50 “30 May Call” or the “June 6 Call”. Caveat Emptor…I’m not a … Continue reading
#’s that matter the rest of the day…TBT Update
Spu’s…1404.25 Nasd…2759 OIL…96.36 Midcap…96820 These are the closing levels needed for ORL’s Sustained price action below the 18 day in the Spu’s “1397 ish” should tgt 1378-80 TBT….We put on a partial long earlier in the day, however we are … Continue reading
A.M. Look 6/1/12
The past 2 unemployment reports have marked a high in the Stock Indices and a low in the Bond Futures. Unemployment Fridays always become big inflection points for the Gold & Silver, generally marking significant highs and lows on increased … Continue reading