Tag Archives: NATGAS
A.M. look 9/10/14
Stocks… Nasd 100…sustained price action over 4085 negates yesterday’s chart pattern. It will take price action under 4050 to test 3990-4001 Fib support. Spu’s…do not have the same chart pattern as NASDAQ. Price action under 1980 is needed to test … Continue reading
A.M. Look 9/9/14
Stocks… X…U.S. Steel remains firm above 39. UNH…trend support is 86.70. The first short term tgt is just below 90. Longer term this can go to near 110 as long as there is no close below 86.70. TSLA…remains firm above … Continue reading
A.M. Look 9/8/14
Stocks… SPU’s…need sustained price action under 1885-7 to break anywhere. Bonds … 30 yr. Bonds…range bound. FX… GBP/USD…Sterling is reacting to the Scottish Independence Polls. It put in an ORL week last week. The Yes camp for devolution is gaining … Continue reading
Midday Missive
EUR/JPY…the resting buy stops are over 138.04. You’ll need to see closes over 138.25 for more upside. Bunds…150.88 is support. You’ll need to see sustained price action under for another 40 points. IYT…152.39 is the all time high. price action … Continue reading
A.M. Look 8/29/14
Stocks… SMH…put in an ORH day. Look for some upside follow through. A close today over 51.17 will put in an ORH Month WDAY…looks like it’s going to try to put in an ORL week, however 85.20-84.77 is major support … Continue reading
A.M. Look 8/28/14
Stocks… Spu’s and Nasd 100 are overbought. The patterns are sideways to lower for a bit to relieve the RSI’s. Be patient today into tomorrow to see if investors want to cash out after this big run up into the … Continue reading
A.M. Look 8/21/14
Stocks… DAX…today’s resistance is 9378. Sustained action above should lead to a test of the 200 DMA @ 9500. DXJ…put in an ORH day on Abe new stimulus plan. 50.35-66 is short term resistance. Closing over this level tomorrow starts … Continue reading
A.M. Look 6/26/14
Stocks… Spu’s & Nasd 100…are doing an end of qtr dance. VIX…is neutral on my work. Bonds 30 Yr. Bonds…136.12-14 was resistance and is now support. Macro pattern buy stops are 137.02. Bund…146.81 was last months close in the Bund. … Continue reading
A.M. Look 6/18/14
Stocks… IWM…Russell @ 117.50 has a potential weekly double top. There will be resting buy stops above this level. Bonds 30 Yr. Bonds (M)…137.02-04 is near resistance and the upside pivot. FX… Euro…is trading oversold, which means it’s a sell … Continue reading
Equity Indices & Further Comments
All working orders should be canceled. EUR/JPY…stopping @ it’s 200 DMA “138.57” is staying further Euro weakness for now. Gold…elected the short term buy stops that have been building over 1250. Until I see price action and a close over … Continue reading