Tag Archives: S&P 500 Futures
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
Midday Missive
Spu’s…finally had a reversal. Battle lines have now been drawn. 1912 held it’s first initial re test. The P&F confirms the level as well lining up my initial momentum studies. Gold/Euro….is retesting it’s high close Gold/Suisse.…is retesting it’s high close. … Continue reading
A.M. Look 2/18/16
Stocks… Spu’s….the pain trade for the shorts is on. I’m not picking a high. We’d need back under 1912 to weaken. This has been one of the biggest uninterrupted moves in a couple of years with no reversals for the … Continue reading
A.M. Look 2/17/16
Stocks… Spu’s….just wait a time frame. After the early Asian trade, which started higher and failed, I was fairly convinced that was the high for the rest of the week. London had a different take with the SHCOMP breaking out … Continue reading
A.M. Look 2/16/16
Stocks… Nikkei… SHCOMP… Bonds.. 30 YR. …will take a close under 165.08 to weaken and signal more Risk On. TLT… FX… Yen… Yuan…6.45 is the level to monitor for long term trend. Commodities… Gold…1194 is trend support and … Continue reading
A.M. Look 2/12/16
Stocks… Spu’s….watch the Oil as more short covering and bottom fishing in the Energies will be the fuel for a short covering rally. Nasd 100…4018 was last Friday’s close and will be pivotal all day. Bonds.. 30 YR. …166.27 … Continue reading
Midday Missive
Spu’s would need to sustain over 1866 to try up again. The only question that remains is how many round trips the bots want to take today. There was a lot of bottom fishing today. Both the Midcap and the … Continue reading
A.M. Look 2/10/16
Stocks… Spu’s….watch for price rejection closer to 1880. Deutche Bank…is presently trading @ 16.85. This needs to maintain above 16.10 for further short covering. Bonds.. 30 YR. …short term sell stops are @ 165.08. Daily trend is 163.19. TLT…129.00-128.76 is … Continue reading
A.M. Look 2/9/16
Stocks… Spu’s…1854 is resistance, half way back on the week. You would not want to see price action much above that. GOOGL…the short covering started here late day yesterday. You’d need closes over 713 for the short covering rallies to … Continue reading
Midday Missive
GOOGL…713 is the end of day closing level to avoid an even more negative pattern. Daily momentum breakdown is 701 leaving way for another 40 dollars. LNKD…109.80 is the hold level form 2013 and low risk buy zone. The late … Continue reading