Tag Archives: Nikkei
A.M. Look 7/1/14
Stocks… GS…resting sell stops are @ 166.35. 166.65-78 is 200 DMA & trend support. Nikkei… is attempting to break out on the qtrly charts to the upside. A close over 15,500 is needed for more upside. The low of the … Continue reading
Pattern Alerts
QQQ & Nasd 100 are both attempting ORH days. Nikkei (U) Sept Futures are poised to test weekly resistance and a possible upside breakout with a close over 15,300. A close over 15,500 will signal another bull leg up. IWM … Continue reading
A.M. Look 6/3/14
Stocks… MVV…(Midcap 400) is the index with a potentially bullish pattern. It will be important to see if this holds up today into Thursday A.M. to see if it is indeed the start of another leg up. Bonds 10 yr. … Continue reading
A.M. Look 6/2/14
Stocks… Nasd 100… 3740.50 is resistance and a potential monthly and qtrly double top #. Price action around this level will run the next swing. We’ve been expecting a 3754 print in the Nasd for a long time. We’ll reevaluate … Continue reading
A.M. Look 5/30/14
Stocks… Nikkei…14,780 is 200 DMA resistance. Bonds 30 yr. Bonds…I’m looking for a 139.28 print after which it will be no longer profitable from a risk/reward point of view to “buy before you sell” 140.15 is the target for this … Continue reading
A.M. Look 5/27/14
Stocks… Nasd 100…we’re back to the March levels in Nasd. 3700 is resistance and the closing upside pivot. Price action today under 3675.75 will lead to profit taking by weak longs. Nikkei… is testing it’s 200 DMA (14,750). This is … Continue reading
A.M. Look 5/23/14
Stocks… Nikkei..is attempting an ORH week with a close over 14,490. DXJ…The lotto ticket for those looking for leverage on an upside breakout is the 47 or 47.50 “30 May Call” or the “June 6 Call”. Caveat Emptor…I’m not a … Continue reading
A.M. Look 5/22/14
Stocks… EPI…India is the higher volume ETF vs PIN. Investors wishing to add India should leave a resting order to start scaling in EPI @ 21-20. PIN..I’d look to start a position @ 20 and then be willing to scale … Continue reading
A.M. Look 5/19/14
Stocks… Nikkei…is putting in an ORl day. This is not a pattern I’d look to take given the current RSI’s which show it’s getting oversold on the daily chart. Nasd 100…3590 will be pivotal. We’re in Rally mode by maintaining … Continue reading
A.M. Look 4/11/14
I will be out of office ( out of the country) traveling for meetings through next week. The lack of bandwidth to run my proprietary studies on my sojourn renders my laptop an overweight I Pad. I won’t be writing … Continue reading