Stocks.. U.S. Indces…yesterday’s Mid-Week low should hold the rest of the week. TSLA…145-146 becomes support. Bonds… FX… AUD/JPY….held support yesterday. This is in a corrective profit taking phase that could reach 88.70 AUD/CAD…95.05 is resistance and the closing upside pivot. … Continue reading
We’re back at the 18 day again in the spread! Pay attention to your individual technical s in the Spu & Bonds.. Spu’s are an opening range trade. Trade the Time frames. Weekly sell stops are 1676.50. Nikkei… is breaking … Continue reading
Tonight is a BOJ meeting. The headlines will have the Bots on Full Tilt Boogie. 13,500 Nikkei will be the big pivot in the futures. While I can’t imagine Kuroda saying something that would be negative the Japanese Equities, you … Continue reading
Stocks.. Spu’s…the tgt for this short swing has not changed, it’s 1717. Nasd 100… individual names is where to look for opportunity. Before this rally is over a test of 3320 is possible. EWW… Mexico put in an ORH daily … Continue reading
Stocks.. VNM…needs to maintain above 18.90 and close over 19.15 for higher. FXI…needs a close over 32.90 for bottoming action. EWZ…needs a close over 44.50 for bottoming action. EPI…could get as high as 16.95 Nikkei..14,150 is weekly resistance. 13,900 is … Continue reading
Stocks.. Spu’s…are stuck. A new signal will be generated if we close over 1615 or under 1590. GDX… 25.17-44 is first daily resistance. GDXJ…38.48 is resistance followed by 40. No you’re not seeing things! This closed at 9.16 on Friday. … Continue reading
Stocks.. Nikkei…13,100 is near term support. As long as this remains above 12,500 it remains on a positive footing. Closing over 13,520 will lead to more upside. Bonds… Bunds…143.75 is resistance and the closing upside pivot. FX… USD/JPY…94.90-95.00 (105.30-40 Futures) … Continue reading
DXJ is rising from the dead. By holding 43.16 this can trade up 44.50. Sustaining and closing over 44.50 will lead to a test 46.20. The Nikkei hold level is 12,500.
Stocks.. Spu’s…1565 is the over run level I’m looking for to buy. SPY…158.60 followed by 155.60 SDS…has to close Friday over 41.50 to show a good low has been put in. Nikkei…12,500 held DAX…8000 held Bonds… Bunds…143.75 is resistance and … Continue reading
Stocks.. Nikkei…is putting in a bottoming formation with an inverted head & shoulders on the daily charts. Last nights low of 12,990 has to hold for this pattern to be correct. Bonds… 30 Yr….can rally to 141.08 ( Sept.) and … Continue reading