Tag Archives: RIO
A.M. Look 2/22/16
Stocks… Spu’s….1942.50 is the 50 DMA resistance. Near term support will be at Thursday night’s high of 1922. Midcap…61.59 is the 50 DMA. Both the Midcap & Russell have similar patterns. Bonds.. 30 yr….166.20 will be pivotal over the next … Continue reading
May Day
Stocks… LNKD…big picture 192 should bounce the first time down.SLB…maintains upside momentum by holding over 92.90. RIO…by holding 44, look for a move to 48.20. Spu/Bonds…it’s pattern integrity on the break yesterday. Spu’s…have to close under 2065 for lower. 2089 … Continue reading
A.M. Look 6/6/14
Stocks… Nasd 100…has broken out again on the monthly & qtrly charts. As long as the Nasd 100 holds 3740 it remains a buy. There is a last remaining resistance zone @ 3790-3817. Once above expect a test of 3885. … Continue reading
A.M. Look 10/22/13
Stocks.. RIO…by holding a break at 51 with an initial Gold sell off followed by an early hold, this is poised for a test of 55. EWZ…50.48 is the 200 day in Brazil. It’s a must hold level for higher … Continue reading
A.M. Look 10/14/13
Stocks.. Nikkei & Dax are both hovering over the qtrly upside pivots. Rio…by maintaining over 48.90 this should test 51 Bonds FX… USD/JPY…needs a close over 98.85 to start another leg down. AUD/USD…we think this is a win win … Continue reading
Midday Missive…With/ Trade Alert!
Short term traders…1675.25 is the daily ORL # in the Spu’s. The market is definitely aware of the level. Not only is it the qtrly close but when you add in an ORL to boot it becomes a major inflection … Continue reading
A.M. Look 7/24/13
Stocks.. RIO…Rio Tinto is bottoming on a monthly chart. We’ll buy this on a break @ 44.60-70 given the opportunity before month end. PAAS…the chart pattern looks good as long as there is no close below 12.40 SLW…23.40 is the … Continue reading