Stocks… Spy & QQQ gave sell signals yesterday. GOOGL & AAPL are stalling out with sell signals. DIS…gave a sell signal yesterday. I should’ve listened to my 12 yr. old review of the last Hunger games installment. She was distressed … Continue reading
Stocks… Spu’s…(U) 2126 will act as resistance and the upside pivot. Dax…11,250 is the low risk buy level. This is the spot to buy the Dax with a tight stop. 11,560 is the 50 DMA. This will be pivotal all … Continue reading
Stocks… Bonds … 30 Yr. Bond…(M) June needs to press and sustain above 153.05 resistance for higher. App. 151.24 in Sept. depending upon which chart you follow. Bund…152.21 is mvg avg. resistance. Only closing over this level will lead to … Continue reading
Nasd 100…Held 4295. Spu’s…the low was good. Conclusion..the low is likely in for the week. At least use today’s low to manage any new buying in whatever instrument that’s on your radar. The Long Equity side of the spread should … Continue reading
I like this low with a very tight stop of 9.21.
Stocks… NXP,FSL & ACT are in the news this A.M. Euro Stoxx 50…would need sustained price action under 3563 for profit taking to ensue. Bonds … 30 Yr. Bonds…(H) needs over 147.27 resistance for higher. FX… DXH5…Dollar Index needs … Continue reading
Catching up. SPU’s…bottomed @ the 200 DMA yesterday. A close tomorrow over the 50 DMA @ 12041 (126.50 SSO) is needed to confirm a low. OIL…just hit it’s initial upside tgt @ 54.00 EURO…any price action over 115.10 is too … Continue reading
Stocks… Spu’s & Nasd 100…trade the early NY price action paying close attention to yesterday’s lows. Line…needs sustained price action and a close over 11.00 for higher. BPT…has been behaving much better than Line with an ORH day. 74.85 is … Continue reading
Stocks… Spu’s…2022.50 in the Mini’s and 2012 in the Pit contract will be pivotal into Month end. They are this qtr’s ORH #s. March (H) is becoming front month on Monday, with March currently trading @ a 6.75 discount to … Continue reading
Stocks… Spu’s…(H) need to close above 1992 for bottoming action.(Z) Dec. level is 2000, they’re respective 50 DMA’s. 2022 is the qtrly Dec ORH # in DEC. (the level it failed at yesterday) 1995 is the Monthly ORL # which … Continue reading