Tag Archives: OXY
Position Update!
We’re exiting the SDS and the TLT today. We will use this break to exit relatively unscathed and clear our head. We’re willing to give this a little more timethis A.M. to get back closer to our entry levels, however … Continue reading
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We‘re looking for 92
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OXY..The qtrly buy stops are 87.39. By remaining over 85.50 we see this going to 92. This has been a favorite trade of ours for years. We last spoke about it in Dec. https://www.whitewavetradingstrategies.com/big-cap-multi-nationals/
A.M. Look 1/14/13
Euro…is doing a 2 year swing. We expect to see 135. EUR/JPY…resistance is 120.60 AUD/JPY…. As long is it remains higher on the year, this cross remains an attractive buy on any descent pullback. Oil…as long as Oil remains above … Continue reading
Big Cap Multi-Nationals
are running the show.. IBM…needs below 191 to wash out longs JPM..42.50 for weak longs…below 41 for the longer term players CAT…88 is first support, with 91 resistance the first time up. OXY…looks descent against 75.40 DIG & XLE…the upside … Continue reading
A.M. Look 10/18/12
Spu’s…1457.25 will be the focus level the rest of the week. This is the ORH weekly #. Maintaining above will entice all new buying. Rejecting the level will start the lemmings to run. 30 yr…146.12 is an important hold level. … Continue reading
CAT…DE…OXY….Pattern Alert!
These names are attempting to test their respective ORL #’s. 81.94 DE 84.43 CAT 84.20 OXY
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.
Oil & Oil Names
Oil…is putting in an ORL day. Sustaining below 94.85 ish will put Oil into retrace mode from the $78 June low. XLE…shows that a break into the mid 69’s is possible. XOM…86.33 is the 50 day mvg avg, support the … Continue reading
A few Tgt’s
MMM…84.19 ( 200 day) 83.50 is monthly support GDX…looking for the stops to get elected under 39.08…then 38.24 CAT…75.80 is Fib support. 72 is the Monthly level. OXY…78.90…74.30 It’s a long day…markets should stay under pressure into London’s close. Time … Continue reading