Stocks… Spu’s…near term sell stops are under yesterday’s last night’s low of 1928.50. Nasd 100…4265-75 is the next oversold bounce level. XLE…54.26 is the 2011 low. Ultimate fib support is closer to 50. XOM…the pattern is hardly an advertisement to … Continue reading
Stocks… Spu’s…1933 is as good a # as any for a short term bounce. Nasd 100…4265-75 is the next oversold bounce level. AAPL…94.77 is semi-annual trend with macro stops below 92. XLE…54.26 is the 2011 low. Ultimate fib support is … Continue reading
Stocks… Spu’s…1990-92 needs to hold on the P&F for another bounce. Closing under 1980 leaves way for a much bigger correction as laid out in the qtrly update. Nasd 100… 4550-75 is resistance. Bonds… 30 Yr. …bonds can lose steam … Continue reading
Stocks… Equity Indices…the levels were laid out yesterday in the qtrly update. Nasd 100…should be overextended into 4450-60 AAPL…needs back over 106.10 close for any price recovery. Bonds… 30 Yr. …bonds can lose steam anywhere into 155.00+- a couple of … Continue reading
Stocks… Spu’s…2054-62 is the level Bulls will look for breaks to hold over the next two days. We’ve seen two equidistant moves over the last 5 trading days. It’s now about where the Dow & S&P close on the year … Continue reading
Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading
Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading
Stocks… Spu’s…2031-34 is resistance. A close under 1984 is needed for lower. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed for higher Bonds… 30 Yr. Bonds…156.00-02 is support and the downside pivot. 157.24 starts … Continue reading
Stocks… Spu’s…2031-34 is resistance. A close under 1984 is needed for lower. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed for higher Bonds… 30 Yr. Bonds…156.00-.02 is support and the downside pivot. 157.24 starts … Continue reading
Stocks… Spu’s…2031-34 is resistance. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed to stop the slide. Bonds… TLT…122.61 is the 200 DMA. 124.10-28 is resistance. FX… EURO…a close today below 107.96 opens the way … Continue reading