Tag Archives: Silver
A.M. Look 11/8/13
Stocks.. Nasd 100…shows a head & shoulders top formation on both the daily and weekly chart. 3250’s is the first place to look for a bounce. Recovery and a close over 3358 would have me thinking this was a one … Continue reading
A.M. Look 10/30/13
Stocks.. Bonds 30 yr.…still needs to sustain under 134.26.27 for a point lower. The major qrtrly support and closing downside pivot is 133.12-17. 135.27 is resistance and the upside closing pivot. Above here the Bonds move a point at a time. … Continue reading
A.M. Look 10/24/13
Stocks.. GOOG…the next upside tgt is 1050 ish. NFLX…closing above 336 is price positive. Bonds FX… AUD/JPY…94.02 is the upside pivot. AUD/USD…needs sustained price action above 96.45-53 and a close above 96.75 to negate yesterday’s chart pattern GBP/USD…as long … Continue reading
A.M. Look 10/17/13
Stocks.. Spu’s…closing above 1725 should give way to 1750. SSO…this ETF looks better from a technical perspective than the underlying Future. As Long as there is no close below 85.27 this should minimally see a new high. Bonds 30 yr. … Continue reading
A.M. Look 10/16/13
Stocks.. Play in the names that are reporting today if you must trade. Mattel,BAC,American Express,Ebay IBM are some of the bigger names. Spu’s…need under the mid 1680’s to break down. Bonds FX… Commodities… Gold…needs above 1300 to mount a rally. … Continue reading
A.M. Look 10/15/13
Stocks.. GOOG…is good as long as it does not print 864 PIN…by maintaining over yesterday’s high, this tgt’s 18.46 next. FXI…38.90-39.02 is the next resistance area. Once above look for another dollar EWW…maintaining above 66 gets this moving to … Continue reading
A.M. Look 10/11/13
Stocks.. Spu’s…1676 becomes near support. Only price action under 1671 changes the pattern. Maintaining and closing over 1687 will lead to a test of 1705.1692.25 is the weekly ORH # Nasd 100…3251.25 is the weekly ORH# Nikkei…closing and maintaining over … Continue reading
A.M. Look 9/23/13
FX… AUD/USD…93.50 is support. 94.85 is daily resistance and the upside pivot. Commodities… OIL…104.70 will act as your short term pivot. Above, buy them before you sell and see how much you get. This level is a pivot, so conversely, … Continue reading
A.M. Look 9/19/13
Stocks.. PBR…16.56 is the 200 day mvg avg and resistance. Closing over this level is needed for more upside. Line this up with the EWZ for resistance and upside follow through. Bonds Bunds… 138.90 is the upside pivot. By maintaining … Continue reading
Fed
Whatever happens this afternoon I seriously doubt you’ll be able to execute faster than the Bots. I’m still deferring to the Sept Equity Index contracts until tomorrow. On a continuation chart there will be resting sell stops under 1694.75 in … Continue reading