FB…98 was resistance. This was a big miss by me today as the low of the day was the 200DMA. It needed to prove itself above 98 for higher which it is doing as i write. AAPL…needs above 101 COP…this … Continue reading
Spu’s 1986 looks to be pivotal The hourly bars are turning up. FYI..UVXY shares are not available to short!!!
Stocks… Use yesterday’s ORL #’s for initial resistance. Only sustained price recovery over these levels will lead to a meaningful short covering rally. Nasd 100…4236.50QQQ…104.08Spu’s …1899 Bonds… 30 Yr. ..You’re going to get reactions off the Fib extensions as you … Continue reading
Stocks… Use yesterday’s ORL #’s for initial resistance. Only sustained price recovery over these levels will lead to a meaningful short covering rally. Nasd 100…4236.50QQQ…104.08Spu’s …1899 Bonds… 30 Yr. ..You’re going to get reactions off the Fib extensions as you … Continue reading
Nasd 100…4236.50 QQQ…104.08 Spu’s …1899 Sustaining below these levels late is seriously negative. You’re going to see panic selling
Equities…yesterday’s buyers are today’s sellers. 1916-18 is a trap level for shorts this time of day. We’ll need to see if there will be another late day bot driven rally. The metals have been telling a Risk off scenario. Silver… … Continue reading
Stocks… Spu’s…the target for this rally is 1973. This is the exit zone. Spu’s are having an oversold bounce. Nasd 100..4400 +- a couple is resistance NOV… has one of the cleaner patterns in the Oil patch with room for … Continue reading
Stocks… Spu’s… Nasd 100.. AAPL… The Indices and AAPL are flashing oversold and trying to turn up for a mid week bounce. I’m not reading anymore into it than it’s attempting an oversold bounce into Options expiration Friday. Last night’s … Continue reading
Stocks… Spu’s…near term resistance is last night’s high of 1928.50. Holding above 1937.50 late day is needed for a mid week rally. AMZN…is coming into support on the weekly charts. This is a bounce zone the first time down. GOOGL…shows … Continue reading