Tag Archives: NASDAQ 100 Futures
QLD…Trade Alert!
Sell 1/2 QLD on the opening The market is not an S&P trade it’s a Nasd 100 trade. I just want to be cautious. Every time we get low VIX readings something happens to temporarily roil the markets. Having said … Continue reading
A.M. Look 4/24/15
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. ACT…is gaining upside momentum. Keep this teed up for an opening range trade today. You’re looking for an upside move. … Continue reading
A.M. Look 4/22/15
Stocks… Nasd 100…put in a new high last night with China strength. A close under 4402.75 is needed to see some cracks develop in the bull thesis. Midcap 400…151170 is mvg avg support. Only sustained price action and a close … Continue reading
A.M. Look 4/21/15
Stocks… DXJ…56.87 is this years high with resting buy stops above which should test 57.50-75, the 2014 high. Nasd 100…there is a potential weekly double top @ 4441, however once above do not fade. DAX… A close over 12,070 is … Continue reading
A.M. Look 4/17/15
Stocks… Nasd 100…needs a close over 4335 for more upside. 4355-65 is daily support. Spu’s… price action under 2079 is needed to turn the P&F lower. 2070 is support and the market meltdown level. DAX…I need to see 11,800 hold … Continue reading
A.M. Look 4/14/15
Stocks… Spu’s…I need to see one more close over 2097 for higher. Nasd 100…4430-36 will be resistance and the closing upside pivot. 4365 is the first good bounce level. DAX…is in profit taking mode. 11,900-12,000 is the support level and … Continue reading
A.M. Look 5/13/15
Stocks… Spu’s…I need to see one more close over 2097 for higher. Nasd 100…4430-36 will be resistance and the closing upside pivot. SOXX…put in an ORH week. As Long as this remains above 95.25 the pattern looks good. FEYE…I bought … Continue reading
Midday Missive
IBB…335 is mvg avg support. A close below this level will be needed for active profit taking in Biopharma. Spu’s…U.S. indices smell like 3 day old dead fish. I would not be in any hurry to buy anything. Macro sell … Continue reading
A.M. Look 4/1/15
Stocks… Spu’s… 2033.50 is support. new closing momentum over 2095 close is needed for another run higher. Nasd 100…4376-87 is mvg avg resistance. Last night Nasd 100 printed the 4265 buy level. FTSE…tested it’s 200 DMA last night near 6665. … Continue reading
A.M. Look 3/31/15
Stocks… Spu’s… 2054-57 (Unchanged on the year) will be the focus today into the close. This will be support. Resistance is into the low 80’s Nasd 100…4376-87 is mvg avg resistance/ 4336 is mvg avg support. Bonds … Bund…158.10 is … Continue reading