Stocks… Spu’s…I doubt it can get back into the 60’s again. Only a close below yesterday’s low changes the bigger pattern. Bonds … 30 Yr. Bonds… 157.19 was last week’s close (1st natural resistance) I’d need to see sustained price … Continue reading
Stocks… Spu’s…sustained price action and closing 2054 should lead to a running of of the 2033 pattern sell stops and a test of the 200 DMA 2025-22 Bonds … 30 Yr. Bonds… we got the print @ 153.11 last night. … Continue reading
Stocks… LNKD…big picture 192 should bounce the first time down.SLB…maintains upside momentum by holding over 92.90. RIO…by holding 44, look for a move to 48.20. Spu/Bonds…it’s pattern integrity on the break yesterday. Spu’s…have to close under 2065 for lower. 2089 … Continue reading
Stocks… Equities will be all about the sectors and the individual names within. Spu’s…sell stops are below 2090 support. Nikkei…19,400 is a level that needs to hold over the next day or so to prevent a deeper correction. SLB…broke … Continue reading
Stocks… Nasd 100…needs a close over 4335 for more upside. 4355-65 is daily support. Spu’s… price action under 2079 is needed to turn the P&F lower. 2070 is support and the market meltdown level. DAX…I need to see 11,800 hold … Continue reading
Stocks… Spu’s…I need to see one more close over 2097 for higher. Nasd 100…4430-36 will be resistance and the closing upside pivot. 4365 is the first good bounce level. DAX…is in profit taking mode. 11,900-12,000 is the support level and … Continue reading
Stocks… Spu’s…I need to see one more close over 2097 for higher. Nasd 100…4430-36 will be resistance and the closing upside pivot. SOXX…put in an ORH week. As Long as this remains above 95.25 the pattern looks good. FEYE…I bought … Continue reading
IBB…335 is mvg avg support. A close below this level will be needed for active profit taking in Biopharma. Spu’s…U.S. indices smell like 3 day old dead fish. I would not be in any hurry to buy anything. Macro sell … Continue reading
Stocks… Spu’s… 2033.50 is support. new closing momentum over 2095 close is needed for another run higher. Nasd 100…4376-87 is mvg avg resistance. Last night Nasd 100 printed the 4265 buy level. FTSE…tested it’s 200 DMA last night near 6665. … Continue reading
Stocks… Spu’s… 2054-57 (Unchanged on the year) will be the focus today into the close. This will be support. Resistance is into the low 80’s Nasd 100…4376-87 is mvg avg resistance/ 4336 is mvg avg support. Bonds … Bund…158.10 is … Continue reading