AUD/JPY…is into mvg avg support @ 9600 + a few. A close below 96.45 puts in an ORL. 96.39-45 becomes a big pivot. EUR/JPY…124.53 is the ORL #. Short term stops have been elected, however a good close below this … Continue reading
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
Spu’s…as long as the Spu’s don’t close back over 1341 the board will trade Risk Off. Closing today under 1333 will be negative and have us looking for another 40 points of downside. 1324.50 Spu matching Nasd 2540 can be … Continue reading
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.
Yesterday we sent out a piece on taking profits or tightening up your risk in the miners for those involved. NEM..is attempting an ORL day with a close below 51.25, which would confirm the level in the GDX of 48.50