Tag Archives: S&P 500 Futures
A.M. Look 10/28/15
Stocks… Spu’s…2053 is support. Spu’s need to print 2049-50 for a reversal to appear on the Point & Figure chart. GILD…107.15 is the 200 DMA. You’d need sustained price action below for any real profit taking. UNH…will need over 120 … Continue reading
A.M. Look 10/27/15
Stocks… Spu’s…2055 is support and the downside momentum level. As of now you’d need to see sustained price action below 2053 to see profit taking. GOOGL… weakens below 711. AMZN…weakens below 579. Bonds … 30 Yr. Futures…can squeeze up … Continue reading
A.M. Look 10/26/15
Stocks… Spu’s…2055 is support and the downside momentum level. As of now you’d need to see sustained price action below 2053 to see profit taking. GOOGL… weakens below 711. AMZN…weakens below 579. Bonds … 30 Yr. Futures…are caught between … Continue reading
A.M. Look 10/23/15
China cut rates by a quarter of a point last night. Along with the tech companies all up app 10% on earnings. You could see a little profit taking after the U.S. opens in specific names but I doubt it … Continue reading
A.M. Look 10/22/15
Stocks… Bonds … No desire to be short! FX… Commodities… OIL.. 46.30-40 is near term resistance. Closing under 44.97 ( the 50 DMA) will bring out the bears. Gold…I got stopped out at break-even. I remain bearish the metal … Continue reading
A.M. Look 10/16/15
Stocks… Nasd 100…4384 is support and the downside pivot. Bonds … No desire to be short FX… EURO…113.20 is support. Equities down has been positive Euro. Commodities… OIL..47.20 is resistance. General Comments or Valuable Insight Attached is my … Continue reading
Midday Missive
GOOGL…pattern sell stops are @ 673. PCLN…was weak out of the gate and is now trading unchanged on the week. The daily pattern looks very toppy. This could slide to 1288. Spu’s…1979 is the 50 DMA and the first good … Continue reading
A.M. Look 10/14/15
Stocks… Nasd 100…4390 is closing resistance. Spu’s… We’ll need to see sustained price action and a close over 2012 to grind higher. Daily resistance will come in around 2002-3. Selling weakness starting @ 1188 down to 1978 will be problematic. … Continue reading
A.M. Look 10/13/15
Stocks… Nasd 100…4390 is resistance. Spu’s…we’re stuck. We’ll need to see sustained price action and a close over 2012 to grind higher. Bonds … FX… AUD/USD…point & figure shows a good close over 74 cents is needed for higher. … Continue reading
A.M. Look 10/12/15
Stocks… Nasd 100…4390 is resistance. Spu’s…we’re stuck. We’ll need to see sustained price action and a close over 2012 to grind higher. Bonds … 30 Yr. Bonds…Price action back above 157.07-13 will have the Bonds going back up. FX… … Continue reading