Tag Archives: NASDAQ 100 Futures
Midday Missive
Presently we have a 2 day island top in the Spu’s & Nasd 100. This is a bearish formation. We need a close today under 2039 to confirm more Risk Off. Closing over the gaps in the Spu & Nasd … Continue reading
A.M. Look 4/1/16
Stocks… Spu’s…failure to rally during the U.S. session over 2048-2049.50 and close above would be short term bearish. If a rally rails there after the # the board will go into profit taking mode. All session chart shows we came … Continue reading
A.M. Look 3/31/16
Stocks… Spu’s…The only price action I would deem bearish is a gap lower opening under 2048… staying under 2048 and closing below 2038. Probability close to zero. The most likely scenario today is at least a retest of the gap … Continue reading
Midday Missive
Everybody is all in with AAPL attempting to trade it’s 200DMA @ 111.58. That would basically take the Nasd 100 to it’s first target level @ 4517 +- a couple. It’s definitely not a place to start reaching for anything. … Continue reading
A.M. Look 3/30/16
Stocks… Nasd 100…ORH pattern with follow through. Nasd 100…Pit Weekly…the gap starts @ 4519.50 which matches up with the first swing count target @ 4517. This is an exit zone the first time up. SPU with 30 Bond overlay…I’m … Continue reading
A.M. Look 3/24/16
Stocks… Nasd100/30 Yr. Bonds…put in an ORL day while the Nasd 100 Futures bounced off it’s reversal low of 4383.75 late yesterday only to fail overnight. Today’s daily targets are 4350 followed by 4324. The weekly spread is attempting to … Continue reading
A.M. Look 3/23/16
Stocks… Nasd 100…for this to lose momentum a close below 4414, the 200DMA is needed. DAX…while we’re coming into weekly resistance DAX is positive over 9910 close. Bonds.. FX… Commodities… Oil…i’m looking for a 40.30 print before another move sets … Continue reading
A.M. Look 3/21/16
Stocks… Spu’s…need to close under 2005 to break down. Nasd 100…last week I was looking for a 70 point rally. This week I’ll need to see a couple of closes over 4415 to maintain upside momentum. Weekly sell … Continue reading
A.M. Look 3/18/16
Stocks… DAX, Euro Stoxx et al expire this A.M. You could get two capital flows today. One up into Europe’s close. Then we’ll see if our indices keep getting bid up into our close. I’ve attached charts to show that … Continue reading