Tag Archives: ORL Patterns
ORL #’s
GS…149.17 Spu’s…1500.30 NFLX…174.55 BKX…5451 Here are a few to keep your eye on. These are closing levels and stops will be run under the levels. Recovery over the # sets after the stops have been elected is critical to ascertain … Continue reading
Equity Indices
Spu’s…need a close below 1491 for an ORL day. Russell..has a stranded close from yesterday and looks the most vulnerable. With tomorrow being month end we’ll soon see how willing investors are to book their profits.
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This is running the stops…56.60 is the ORL # Again we will be out of all Risk Assets with closes below our stated levels.
Equity Indices…Pattern Alert!
SPU’s…1484.70 is today’s ORL# Nasd…..2705 Midcap…107760 Russell…89360 These are end of day ORL#’s Whether we put in a tradable top with a completion of this pattern or not, price action tomorrow below these levels will lead to some much needed … Continue reading
A.M. Look 1/15/13
Yen Futures…113.45 (app 88.14 USD/JPY) is the first minor resistance. EUR/JPY…stops are below 117.59. 116.85 should be a level for a bounce the first time down. AUD/JPY…put in a new high by 2 ticks last night and is now in … Continue reading
IBM
193.14 is the ORL # Look to match this up with the low 1420’s in the Spu’s
30 Yr. Bonds
I had the correct levels, just the wrong month! 150.12 Dec. Bonds is a key closing ORL weekly # That’s 15 ticks or 1/2 a point lower. “App 149.00 in the (H)” The March does not show the same chart … Continue reading
ORL…Pattern Alert!!
Spu’s…closing under1409.75 would once again be price negative. Nasd…the level here is 2267.25 which is also the 200 day Mvg avg.
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This has the potential for an ORL week with a Friday close below 205. The low risk buy zone is 196-198 for a trade.