Stocks… Spu’s…2059 is today’s 200 DMA. 2067 is Fib resistance and the closing upside pivot. DAX..looks to test it’s 200 DMA @ 11,080 just above this months high. MMM…is a name that did not sell off on this recent market … Continue reading
Stocks… Spu’s…spiked it’s 50 DMA @ 2002 and reversed. 2047 is resistance. Nasd 100…4523 is first resistance, followed by 4563 (Friday’s breakdown level) Nikkei…19,395 is the 200 DMA. This is the only Index holding it’s averages with a big early … Continue reading
Stocks… Spu’s…support starts @ 2020. Nasd 100…near term sell stops are @ 4562 looking for a test of 4530. Nikkei…19,395 is the 200 DMA. This is the only Index holding it’s averages. NFLX & GE…both put in ORL days. FIT…is … Continue reading
Stocks… Spu’s…short term sell stops are below 2064 support which if elected would open the way for a retest of the 200 DMA and unchanged on the Year in the Mid 50’s. Nasd 100…4659-65 is now resistance, yesterday’s ORL level. … Continue reading
Stocks… Spu’s…sustained price action under 2081 is still needed to budge the Bulls. Nasd 100…4659-65 is short term support and the downside pivot. DXJ…55.12 is the closing hurdle for upside follow through. WTW…the fat lady is singing. A pull back … Continue reading
Stocks… It’s all about where the breaks hold. Spu’s…2081 is the low risk buy #. Nasd 100…4690 is today’s short term barometer. Good above/Weak below. 4677 is today’s ORL # Bonds … 30 Yr. Bonds…153.22 is weekly mvg … Continue reading
Stocks… IWM…needs above 118 to extend higher. Bonds … FX… Commodities… Gold…1138 is resistance, price action above 1143 is needed to to run the shorts out. Oil..is holding the breaks. Look for more upside above 46.75. General Comments or Valuable … Continue reading
Stocks… Nasd 100… 4555 is the low risk buy zone. Closing and holding above 4686 is needed for a test of the all time high of 4882. DAX…holding above 10,927 will keep the Dax firm. Spu’s…are now caught between … Continue reading
Stocks… Spu’s… 8/19/15 high we broke from was 2093.25. It was Mid-week high. Note should be taken at yesterday’s index lows ( SPU’s 2073.50 & Nasd 100 4642.75) which would be today’s ORL #’s. These are the panic levels for … Continue reading
Stocks… Spu’s…2053 is support and the downside pivot. Use 2085 for resistance. Bonds … FX… Euro…110.40 is today’s point & figure resistance. Commodities… Oil…46.30 is resistance and the closing upside pivot. General Comments or Valuable Insight There was a lot … Continue reading