Stocks… Nasd 100…4591 is resistance. Spu’s…2095 is the 50 DMA. This is now support. The long term P&F shows resistance back @ 2119-20, however you need to see all new strength over 2104 to get going. DIG…the energy ETF’s trade … Continue reading
Stocks… Nasd 100…4591 is resistance. 4500 is support. The QQQ & Nasd U.S. only session put in ORH days and both are seeing pattern follow through this A.M. Spu’s…2095 is the 50 DMA. Above, this would also match up with … Continue reading
Stocks… Spu’s…2060 is the 200 DMA. Looks like we’re in for another test of this level. Nasd 100..4509 is fib support with 4500 being today’s 50 DMA. This is a cover zone the first time down. You’d expect a bounce … Continue reading
Stocks… Spu’s…2060 is the 200 DMA. Looks like we’re in for another test of this level. Nasd 100..4509 is fib support with 4500 being today’s 50 DMA. This is a cover zone the first time down. You’d expect a bounce … Continue reading
Stocks… Nasd 100…4653.50 is unchanged on the week. This will act as resistance today. Bonds … FX… AUD/USD…71.61 is the Fib retracement for the past 15 years. It’s a significant level given the oversold nature of the shorter time frame … Continue reading
Stocks… Spu’s… 2095 + a few is cloud & mvg avg support. A close under this level is needed for more downside. Nasd 100…4550-60 is the low risk buy zone. SHCOMP…is holding putting in a sideways to higher pattern. Bonds … Continue reading
30 Yr.Bonds & TLT are attempting an ORH days. I still have a few 98 FB calls which expire Friday as well as a few MSFT 48 calls. I am Long TLT against my long calls. Midcap looks horrific working … Continue reading
Stocks… Spu’s… 2120-25 is closing resistance. Nasd 100…the measured full swing count for this move off the low comes in @ 4720. DAX…11,630 is cloud support. With the European bond rally this A.M. this is a low risk level to … Continue reading
Stocks… Spu’s… 2020-23 is closing resistance. Nasd 100…the measured full swing count for this move off the low comes in @ 4720. DAX…11,630 is cloud support. With the European bond rally this A.M. this is a low risk level to … Continue reading
Stocks… Spu’s… 2020-23 is closing resistance. Bonds … 30 Yr. Bonds…152.00 is cloud resistance. 151.20 is the 50 DMA. with a neutral RSI you just have to wait and see if the treasuries can push higher. TLT…118.70 is mvg avg … Continue reading