Stocks… Spu’s…2014 is today’s 200DMA right at the bottom of the pit gap from 1/4/16. Nasd 100…weakens under 4265. Resistance is 4360 & 4420 the 200DMA ASX 200…looks to retry 5270 as long as5127 holds on a closing basis. … Continue reading
Yen Futures..are initially rejecting the bottom of the pit gap @ 89.96. Just know that this is a # that can turn instruments. As long as the Spu’s keep failing @ 1986-7 Yen can get into the gap.
Stocks… WFT… is up in pre market. This should trade into the $8 level. COP…has broken out. This looks good as long as there is no close below 35. PSX…buy any weakness into the 81’s LNG…despite Natty failing … Continue reading
Stocks… Nasd 100….4360 is resistance. A retest of 4265 would make for a low risk buy. NFLX…12% since last Wednesday. Anything into 101 is pretty good resistance AMZN…585 is mvg avg resistance and a 50% rally off it’s FEB low. … Continue reading
Stocks… Spu’s….are a two way time frame trade. Closes below 1929 is needed to break. Bonds.. 30 Yr…164.05 is today’s ORL # in June Bonds. They are weak by remaining below. FX… EURO…108.61 is the 2015 close, matching the .618 … Continue reading
Stocks… Spu’s….1931 is un changed on the month. There have been two 10 point rallies since the Asian opening which have been met with selling. Bonds.. 30 yr….(June M) 165.28-165.02 is near resistance and today’s upside pivot. FX… EUR/JPY…is oversold … Continue reading
Stocks… Spu’s….both the Nasd & Spu’s have hit their initial upside targets In London. They should back and fill a bit. The question is how much. The low 1940’s in the Spu’s and 4230 ish in the Nasd would provide … Continue reading
Spu’s are starting out like they did on Tuesday with an early ORL 45 minute bar. Ironically from the exact spot..1931. Price action above 1931 Spu’s is needed for upside. Yen Futures have bottomed for now @ 88.60.
Stocks… Spu’s….1942.50 is the 50 DMA resistance. Near term support will be at Thursday night’s high of 1922. Bonds.. 30 yr….166.20 will be pivotal over the next couple of sessions. After electing the buy stops last night sustained price action … Continue reading
Stocks… Spu’s….near term sell stops are below 1898.50. There was one short covering rally into London’s close. DAX…looks set to retest 9067. Bonds.. 30 yr….168.11 is the high close for this swing. FX… AUD/USD…71.62 is near support and … Continue reading