Euro…128.46 followed be 127.50 ish are the relevant support levels. 30 yr. Bonds..we placed orders to sell on Friday @ 152.14-17 (H). Cancel these orders, however we will look to sell them at this level if and when they get … Continue reading
Welcome to Pearl Harbor Day. Seriously, this is just another un-enjoyment day when my best work will be done with my trading mask and mail gloves on. Spu’s…1427-32 is resistance…Mid 90’s then the mid 80’s on the downside..the levels have … Continue reading
Look for a 554-560 print in AAPL. Match this up with the next resistance in the Nasd 100
This is a trad able low in the Nasd 100 @ 2622 AAPL back over 540 will have the shorts running for cover!
AAPL…anywhere between 525-536 is potentially a bear trap today. Selling weakness into this area is not good risk management. Sustaining below 525 the acceleration can continue. NATGAS…3.47 has been support and the upside pivot for the past month. 3.72 is … Continue reading
This is a very negative pattern for the Nasd 100.. Sustaining under 2650 should lead to the mid teens…2611-17 area
Spu’s…need all new strength over 1414 or all new weakness under 1400. EUR/JPY ….106.91 is the key closing hold level. Euro…130.45 is the key closing hold level. Oil..89.00 will be early resistance. Sustaining above 89.50 will be the first sign … Continue reading
Goog…678-81 is the next support. Then look for it to travel in $10 increments. AAPL…563 +- a couple is the next level. BKX…it’s presently sitting on a 50% fib for this last swing ( 47.80 ish), which is a must … Continue reading
Spu’s…price action back above 1414 will trap the new shorts from yesterday. Nasd 100 is holding around it’s 200 day. This needs some price separation from this zone for new direction. Gold…has filled out it’s downside on the long term … Continue reading
Spu’s…closing under1409.75 would once again be price negative. Nasd…the level here is 2267.25 which is also the 200 day Mvg avg.