Tag Archives: NASDAQ 100 Futures
A.M. Look 5/8/13
Equitiy Indices…There is no change in the downside levels for the Spu’s & Nasd from yesterday. XLV & IYM…Healthcare & Materials look cheap compared to the other sectors I just perused. 47.20 is the trailing stop in XLV for Longs. … Continue reading
Spu & Nasd 100… Patterns
There are resting sell stops @ 1607.25 In the Spu’s SSO…77.40 Nasd 100…@ 2935… QQQ…72.12 Closes below these levels will put in ORL patterns. Only closes below the above levels “today” create the environment for a Risk Off scenario. It’s … Continue reading
Stocks
Natgas infrastructure names and Tech & Banks are leading. NFLX…197-200 will be pivotal and a big closing level. GOOG…should start doing $40 dollar swings to the upside as long as it maintains over 826. A complete swing will tgt close … Continue reading
A.M. Look 4/29/13
Euro…resting stops are above 131.30. GBP/USD….156.05 is resistance. This level should reject the first time up, however once through we would be looking for 157.40. USD/JPY…98.30 ( app 101.90 in the futures) is near term resistance. Through here we’d look … Continue reading
A.M. Look 4/26/13
Silver…broke out to the upside above 24.35 In early Asian trade on the Point & Figure as shown late yesterday. 25.06 will be sticky the first time up, which just means it’s a better exit level than a place to … Continue reading
Nasd 100…NFLX…GOOG..SPU/BONDS…30 yr. Bonds
Nasd 100 Futures…short term buy stops are 2834.50, with 2858.50 the next closing hurdle. As long as this maintains and closes over 2800, our initial swing count is 2877.50 (a retest of the last high) NFLX…197-200 becomes the initial buy … Continue reading
30 Yr. Bonds
148.14-16 is the daily ORH level. This level will run the next wiggle in the SPU/BOND spread. Today’s low was again the 200 day Mvg avg in the 30 Yr. The failure at resistance in the Oil will contribute to … Continue reading
A.M. Look 4/22/13
30 yr. Bonds…a close above 148.10 is needed for any attempt higher. 147.12 is Point & Figure support. Spu’s…1563 +- a couple is the qtrly pivot and short-term resistance. Nasd 100…2793 is the near resistance. 2800-10 remains our macro qtrly … Continue reading
A.M. Look 4/19/13
Vix…1820 is weekly resistance. 1542 is the 200 day and should bounce. 1462 is the lowest risk buy zone ( where you can sell the Spu’s the first time down) and make money. Spu’s…buy stops are 1553.50 leading to 1558-62 … Continue reading
ENQM3_-_E-mini_NASDAQ_100_Jun_13_Weekly.gif
2737 is the channel line from the bottom of the Nov. 2012 low for this current rally. Closing below this level will be a catalyst for jettisoning Equities.