Stocks… Spu’s…that green line is the 200DMA. A close over this level tomorrow or Thursday is needed to attract new buying. Nasd 100…yesterday I thought there was a chance for this to lead with early price action over 4360 looking … Continue reading
Stocks… Spu’s…2030-35 is the resistance and target level for March. June 2020-25 with the cash (SPC5) 200DMA @ 2019. Nasd 100…4400 +- a couple is where the 200DMA comes in. This should reject the first time up. Bonds.. … Continue reading
Stocks… June Equity Futures will become the dominant month today. Spu’s…June is trading at a 10.00 point discount to March. Nasd 100..June is trading at a 9 point discount to march Bonds.. FX… June Forwards…These are the current spreads … Continue reading
Stocks… Spu’s…2014 is today’s 200DMA right at the bottom of the pit gap from 1/4/16. Nasd 100…weakens under 4265. Resistance is 4360 & 4420 the 200DMA ASX 200…looks to retry 5270 as long as5127 holds on a closing basis. … Continue reading
Stocks… Spu’s…we’re into back and fill mode. Closing under 1987 puts the index back on the defensive. Nasd 100…needs a close over 4360 for upside. WDAY…is emblematic of many hot names. They’ve had huge runs to their respective 200 … Continue reading
Stocks… Spu’s…2016-18 is the level for shorts to give it a go. Equity Indices would be extremely overbought right into the gap and the 200DMA just shy of unchanged on the year. Nasd 100…4424.70 is today’s 200 DMA. DAX…9850 … Continue reading
Stocks… Nasd 100….4360 is resistance. A retest of 4265 would make for a low risk buy. NFLX…12% since last Wednesday. Anything into 101 is pretty good resistance AMZN…585 is mvg avg resistance and a 50% rally off it’s FEB low. … Continue reading
30 Yr. Bonds…led and continue to lead. Much below this level could lead to 161.00 ish June. Nasd 100… ORH day..do not fade. Look to buy a 30 handle break Spu/Bonds…are putting in an ORH day into first cloud resistance. … Continue reading
Stocks… Spu’s….both the Nasd & Spu’s have hit their initial upside targets In London. They should back and fill a bit. The question is how much. The low 1940’s in the Spu’s and 4230 ish in the Nasd would provide … Continue reading
Stocks… Spu’s….the pain trade for the shorts is on. I’m not picking a high. We’d need back under 1912 to weaken. This has been one of the biggest uninterrupted moves in a couple of years with no reversals for the … Continue reading