Tag Archives: ORH

A.M. Look 1/3/14

Stocks..   BAC…is putting in an ORH week with a close over 15.79. While the pattern looks good I am not a fan of chasing this strength. LNG…as long as this holds above 42.40 close I’m a fan.   Spu’s…a … Continue reading

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For all you DOW theorists, a close above 90.25 is price positive.

PCLN…Pattern Alert

Priceline needs to close over 574.54 to put in an ORH day

Yen…Pattern Alert!

The Yen crosses have been in play all day with CAD/JPY attempting an ORH day with a close over 80.51. Yen futures are attempting an ORL day which is not confirmed by a cash chart. The straight Futures are getting … Continue reading

Nasd 100…QQQ Trade Alert!

Both the Spu’s and the Nasd 100 are attempting ORH days. A close over 1434.50 in the Spu is needed to complete this pattern. Nasd 100…a close over 2728.50 is needed for the pattern. Since the Nasd has had a … Continue reading

QID…Trade Alert!

We’re Buying a 25% Position in this ETF on a stop close over 28.45. AAPL…the ORL # is 649.90. This is a closing # AAPL could break to 646 on a flush and come right back up, so pay attention.

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JJG ETN….Grains

GDX…Pattern Alert!

A close over 42.45 puts in an ORH week. On our previous view we thought that this instrument would go into the high 39’s before finding a trad able low, or at least one where we’d take a look a … Continue reading

Luncheon Strategy?

Spu’s…just as a close below 1343 is viewed as negative (ORL), a close above 1352 puts in an ORH day. Closing strength over 1357 is needed for higher prices. Nasd 100…2562.50 is the Pit ORL…2585 is the Pit ORH.. Now … Continue reading