Tag Archives: NATGAS
The Late Show
Let the games begin Vix Futures are showing a potential double top on the daily chart. You got a big flush in the Equities going into London’s close. I just bought the XLE January 15 56.5 X 58 Call spread … Continue reading
A.M. Look 1/5/15
Stocks… Spu’s…1990-92 needs to hold on the P&F for another bounce. Closing under 1980 leaves way for a much bigger correction as laid out in the qtrly update. Nasd 100… 4550-75 is resistance. Bonds… 30 Yr. …bonds can lose steam … Continue reading
A.M. Look 12/29/15
Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading
A.M. Look 12/28/15
Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading
A.M. Look 12/21/15
Stocks… Spu’s…2031-34 is resistance. A close under 1984 is needed for lower. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed for higher Bonds… 30 Yr. Bonds…156.00-.02 is support and the downside pivot. 157.24 starts … Continue reading
A.M. Look 12/18/15
Stocks… Spu’s…2031-34 is resistance. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed to stop the slide. Bonds… TLT…122.61 is the 200 DMA. 124.10-28 is resistance. FX… EURO…a close today below 107.96 opens the way … Continue reading
Natgas
This is the most oversold instrument I’ve seen in years with rsi’s in the single digits all the way out to the annual maps. January Natgas expires December 29th. Just worth keeping on your radar going into year end for … Continue reading
A.M. Look 9/24/15
Stocks… Spu’s…we saw a mid week rally to nowhere. Sell rallies. NASD 100… 4238 (unchanged on the year). Closing below would set off another wave of selling before the end of the qtr. DAX…new sell stops are below 9483 which … Continue reading
Midday Missive
Nasd 100…Held 4295. Spu’s…the low was good. Conclusion..the low is likely in for the week. At least use today’s low to manage any new buying in whatever instrument that’s on your radar. The Long Equity side of the spread should … Continue reading
A.M. Look 5/27/15
Stocks… Equity Indices did not get quite low enough yesterday. TSLA…247.45 is support and the downside momentum #. Closer to 230 would be a better place to initiate a new long. ACT…show me something under 297, the 50 DMA, to … Continue reading