Tag Archives: NASDAQ 100 Futures
A.M. Look 6/13/14
It’s Friday the 13th with Full Moon Fever. “Stand my ground, I won’t back down” (Tom Petty…Album… Full Moon Fever.) “I know what’s right and I won’t back down” The Bulls will have their work cut out for them “Hey … Continue reading
Price Action Equity Indices
EEM is attempting an ORL day SPU’s …1913.50 will be the key hold # through tomorrow. This is the weekly ORL # Nasd 100…the mini’s are putting in an ORL day with a close below 3779.50, however the pit session … Continue reading
A.M. Look 6/9/14
Stocks… IBM…185 is the 200 DMA support. Bonds Bunds…146.30-40 is resistance. FX… EUR/JPY…price action over 140.25-30 in this cross will keep a firm undertone to the Euro. GBP/USD…167.90 is neutral for the Pound. Good above/Negative below. Commodities… Corn…needs to close … Continue reading
A.M. Look 6/6/14
Stocks… Nasd 100…has broken out again on the monthly & qtrly charts. As long as the Nasd 100 holds 3740 it remains a buy. There is a last remaining resistance zone @ 3790-3817. Once above expect a test of 3885. … Continue reading
Equity Indices & Further Comments
Nasd 100…resting sell stops are @ 3714, today’s ORL # 90.81 QQQ Spu’s…resting sell stops are @ 1916, today’s ORL # 192.26 SPY DAX…resting sell stops are @ 98680, today’s ORL # 31.87 EWG VIX…by holding today’s low this could … Continue reading
A.M. Look 6/2/14
Stocks… Nasd 100… 3740.50 is resistance and a potential monthly and qtrly double top #. Price action around this level will run the next swing. We’ve been expecting a 3754 print in the Nasd for a long time. We’ll reevaluate … Continue reading
A.M. Look 5/28/14
Stocks… Nasd 100…3740.50 is the year high. This is a natural place to look for price rejection, however convincingly closing above this level gives much higher price targets. Nasd would need under 3685 to do any damage to the Bullish … Continue reading
Midday Missive
EURO….a close below 136.15 puts in an ORL day tgting the 135.50 level. The daily time frame is oversold, meaning selling in the hole has to be done with a very tight leash! Natgas…June Natty expires tomorrow. July is front … Continue reading
A.M. Look 5/27/14
Stocks… Nasd 100…we’re back to the March levels in Nasd. 3700 is resistance and the closing upside pivot. Price action today under 3675.75 will lead to profit taking by weak longs. Nikkei… is testing it’s 200 DMA (14,750). This is … Continue reading
Midday Missive
World interest rates are in play with the Italian 10 leading the the peripherals lower against the Bund ( German 10 Yr.) DAX…97.28-40 is pattern resistance and the closing upside pivot. Midcap 400 Futures….(EMDM) I would need a close over … Continue reading