Tag Archives: NASDAQ 100 Futures
A.M. Look 1/20/16
Stocks…Spu’s …1849.50-56.50 is a retest level that needs to recover over for any rally. At some point today i would expect a look at the level which is the old pit lows. From there it has to power up through … Continue reading
A.M. Look 1/19/16
Stocks…Spu’s …1910-13.25, 1928 and 1946.50 resistance with resting buy stops. These levels should be fairly static all week. Nasd 100…held qtrly support for now. Sustained Price action above 4141 will keep the Index firm for a retest of as high … Continue reading
A.M. Look 1/15/16
Stocks…Spu’s …1861 is the next set of sell stops. 1913.25 will become important late day, since we’re now trading lower on the week again. Nasd 100…4264 was last week’s close. Market sentiment shifts around these levels. UVXY…47 is a resistance … Continue reading
A.M. Look 1/14/16
Stocks… Use yesterday’s ORL #’s for initial resistance. Only sustained price recovery over these levels will lead to a meaningful short covering rally. Nasd 100…4236.50QQQ…104.08Spu’s …1899 Bonds… 30 Yr. ..You’re going to get reactions off the Fib extensions as you … Continue reading
A.M. Look 1/14/16
Stocks… Use yesterday’s ORL #’s for initial resistance. Only sustained price recovery over these levels will lead to a meaningful short covering rally. Nasd 100…4236.50QQQ…104.08Spu’s …1899 Bonds… 30 Yr. ..You’re going to get reactions off the Fib extensions as you … Continue reading
Pattern Alerts…Potential ORL days
Nasd 100…4236.50 QQQ…104.08 Spu’s …1899 Sustaining below these levels late is seriously negative. You’re going to see panic selling
Midday Missive
Equities…yesterday’s buyers are today’s sellers. 1916-18 is a trap level for shorts this time of day. We’ll need to see if there will be another late day bot driven rally. The metals have been telling a Risk off scenario. Silver… … Continue reading
A.M. Look 1/13/16
Stocks… Spu’s…the target for this rally is 1973. This is the exit zone. Spu’s are having an oversold bounce. Nasd 100..4400 +- a couple is resistance NOV… has one of the cleaner patterns in the Oil patch with room for … Continue reading