Nasd 100…2765-68 is first support. USD/JPY…77.65 app 128.80 futures is resistance in the Yen. EUR/JPY…all new price action under 100.90 will be needed for more Yen strength and Euro weakness. Euro…needs all new closing weakness under 129.25 for a run … Continue reading
A close below 2807 Nasd 100 puts in an ORL day. With a close below this level we would expect to see some follow through to the downside next week. A close under 101.82 AUD/USD completes an ORL here, however … Continue reading
Metals…Yesterday’s lows in the Gold, Silver & GDX should be used for short term money management on Long positions. Miners… BHP…66.81 was the 2/3rds coming back on the month. This needs to bounce from this level or lower levels will … Continue reading
It’s going to get interesting this afternoon!!!! In the works..a potential outside reversal day to the upside ( ORH) in the 30 yr. with a close over 147.28. Russell 2000…possible ORL day with a close below 84540. Nasd 100…needs a … Continue reading
Today Front Month Rolls to DEC. I’m still using the Sept. levels
ORL #’s Spu…1429.50 PIT… 1421.50 all session Nasd..2779 PIT… 2777.75 all session Pay attention to any instrument you’re involved with!!!
We’re here at the 50 % App 2716 All new weakness is needed in the Bonds under 149.11 Dec. for more strength in the Equity Indices.
Euro…We’re right back to the top of the range in the Euro and a potential weekly double top. Sustaining above 126 will have me looking for the Euro to trade to the 127.50 level. We’ll make a decision as to … Continue reading