Tag Archives: S&P 500 Futures
A.M. Look 10/09/15
Stocks… XLU…put in an ORH day. 44.39 is 200 DMA resistance. 43.75 is support. XLK…41.81 is resistance. NFLX…put in an ORH day. Retest support is 109.30. Nasd 100…4390 is resistance. Bonds … 30 Yr. Bonds…despite the ORL Bonds traded right … Continue reading
The Late Show
Longer Term Point & Figure shows you need under last night’s Globex low of 1960.50 for a big break down to occur. Short term P&F resistance is into 1978-79. We’ll have to await the afternoon trade. For further downside I’d … Continue reading
A.M. Look 10/7/15
Stocks… Spu’s…1990 is the 50 DMA. The talking heads will all be focused on it today. Low 1970’s will be initial support. A close lower on the day today would be needed to turn the herd. Bonds … 30 … Continue reading
Midday Missive
DD…the bulk of this rally looks over to me. Any longs should lock in their money. Silver…is trading right @ it’s 200 DMA. Price action above 16.12 will lead to another push higher. How much downside we get from here … Continue reading
A.M. Look 10/6/15
Stocks… Spu’s…1965 is near point & figure support. 1978 fills out the reversal for initial resistance. X…this names has lost 50% of it’s value since mid August. The path of least resistance looks to be up. The risk to own … Continue reading
A.M. Look 10/5/15
Stocks… Spu’s…we’re getting pattern follow through from last Friday’s ORH’s. Nasd 100…mvg avg resistance starts today @ 4355. COP…52.50-80 is first resistance. Above, look for a move to 55+. DIG…35.36 is weekly momentum. Bonds … 30 yr. Bonds…157.29 is today’s … Continue reading
A.M. Look 10/2/15
Stocks… Spu’s…by holding a break to 1900 there is room for a move to 1936 +- a few. This is today’s first exit zone for longs. Closing above leaves room for another 40 points. Nasd 100…resistance is 4259 matching last … Continue reading
A.M. Look 9/30/15
Stocks… DAX, Spu’s & IBB all retested the August low in yesterday’s session. Closes under those levels are needed for a deeper correction. 1860 Spu’s, 9300 DAX, 284 IBB. Bonds … 30 yr. Bonds…157.16 is first resistance. Bunds…155.59 is today’s … Continue reading
A.M. Look 9/28/15
Stocks… Spu’s…sell stops are @ 1897.25 NASD 100… 4238 (unchanged on the year) “last night’s high” 4180-85 is near support. There is a 10 point wiggle room at this level. Nasd weakens below. GOOGL…put in an ORL day Friday. 621 … Continue reading
A.M. Look 9/25/15
Stocks… Spu’s…1950.25 was last weeks close. Current resistance is into 1952-55 NASD 100… 4238 (unchanged on the year). 4319 is resistance. A close over this level is needed for higher. AAPL…118 is pattern resistance. NKE…is the standout performer this A.M. … Continue reading