Tag Archives: ORL Patterns
CAT…DE…OXY….Pattern Alert!
These names are attempting to test their respective ORL #’s. 81.94 DE 84.43 CAT 84.20 OXY
Nasd 100 & Aussie…. Pattern Alert
A close below 2807 Nasd 100 puts in an ORL day. With a close below this level we would expect to see some follow through to the downside next week. A close under 101.82 AUD/USD completes an ORL here, however … Continue reading
Pattern Alerts!
Financials (BKX) are attempting an ORL day as is GS,JPM,BAC, & C So is OXY in the Oil patch. Pay attention to your holdings! It should be a volatile last 30 minutes.
ZSE_-_Soybeans_(Globex)_Daily_Continuation.gif
Soybeans…are putting in an ORL day. 16.02 is the monthly 9/28 closing level for an ORL month. We are in no hurry to get back into the Grains.
Price Action…Oil & Spu’s
Oil…92.60 is near term mvg avg and point & figure support. 9170 is the ORL daily # Spu’s..seem stuck with lots of stock rotation. I can’t fault anyone for taking a shot at selling them against today’s highs. This seems … 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
IBM…APPL…Pattern Alert!
IBM…a close below 188.10 puts in an ORL day. AAPL..a close below 604 would have me looking for a print in the 580’s again.